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Philippe Bruggisser (born 11 September 1948 in Wohlen AG) is a Swiss manager in the airline industry. He was in the years 1996 and 2000/01 Chief Operating Officer (COO) of Swissair and 1997-2001 President of the SAir Group Executive Committee. The growth strategy pursued by him, which had established its own aviation alliance goal was largely responsible for the bankruptcy of Swissair in October 2001, responsible.

Biography Training and career

After attending primary school and the district school he attended in Wohlen 1964-1969 seminar in Wettingen, interrupted by a one-year stay as a visiting student in the United States. He then studied economics at the University of Basel as well as business and law at the University of Geneva. His professional career began in 1976 as Assistant Director-General of the Swiss Bank Corporation.

1979 Bruggisser joined Swissair and worked as a controller. In 1984 he was appointed chief financial officer of Swissair North America range from 1987 to 1990 he was head of the controlling area. After a short stint as project manager of a profit improvement program, he took over in 1991 the Directorate Chairman of Swissair Holdings AG, a position he held until 1995. In addition, he from 1992 to 1994 a member of Swissair's management. Under Brugg Issers leadership acquired Swissair's catering section of the SAS Scandinavian Airlines. In 1995 he was a member of the Swissair Group Executive Committee.

Swissair chief 1996 Bruggisser took over as chief operating officer for the operational management of the Group and also served as Deputy Chief Executive Officer. The following year he undertook a comprehensive restructuring of the Group, it was the SAirGroup, the Swissair now represented one of several subsidiaries. In 1997, Bruggisser the post of Executive President, the operational management of Swissair he was from. After 1993 the project "Alcazar" - a group of Swissair, KLM, SAS and Austrian Airlines - had failed, he followed the advice of the management consultant McKinsey setting up its own alliance. This risky, "Hunter Strategy" provided for the purchase of airline companies and investments.

The first step was in 1996 a stake in Belgium's Sabena been. Founded in 1998 under the leadership of Swissair, the airline alliance Qualiflyer Group. Other interests in the Italian Volare, Air Littoral of France and the German LTU added. The first positive annual results 1997 and 1998 spurred the board to continue the strategy. The crash of Swissair Flight 111 overshadowed the fiscal year 1998. Delta Air Lines announced in 1999 the cooperation with Swissair and Austrian Airlines left the Qualiflyer Group.

Despite these setbacks Bruggisser held steadfastly to the Hunter strategy. It was followed by investments in the South African Airways, the French companies AOM, Air Littoral and Air Liberté, the Italian Air Europe and the Polish LOT. He also initiated the purchase of interests in the Portuguese company TAP and Portugalia. Most of these companies were in need of repair, so that was needed in addition to the purchase price of additional capital restructuring.

In July 2000, Bruggisser took over temporarily to the operational management of Swissair. He then came under public pressure, has been known as the ailing financial situation of the Group. On average, the daily loss of Swissair and Sabena lost in each of one million francs, with another million went every day at the LTU and the French interests. The Board first left exit strategy from the received shares in other airlines charge and dismissed Bruggisser in January 2001 with immediate effect. His successor, Moritz Suter and Mario Corti could not prevent the collapse of the Group in October 2001 and its liquidation in March 2002.

More stations As a result, the press was primarily Bruggisser and its expansion for the demise of Swissair responsible. Former employees, however, described him as complying with integrity and praised his leadership qualities. Ultimately, he tried to enforce only the strategy adopted by the Board. [1] Bruggisser initially largely withdrew from public life. In November 2006, failed in his attempt to be elected to the Board of the South African Airways. [2]

The prosecutor of the canton of Zurich rose in March 2006 in connection with the Swissair bankruptcy case against Bruggisser and another 18 people. They were accused of forging documents, among other things, mismanagement and damage to creditors. Bruggisser was charged with false certification and several more times and simple administrative duties. He rejected all the allegations, the district court addressed him on the 7th of Bulach June 2007 release. . He received a compensation process in the amount of CHF 80'947 [3] [4] The prosecution withdrew the judgment further; that the acquittal is final [5].

From 2009 to 2010 he was again active in the aviation industry, as CEO and chairman of VistaJet, a private aircraft to the operation of specialized companies.