The acquisition of this substantial minority shareholding (49.5 per cent) fit- ted into the new strategy of Swissair. Their new corporate strategy was presented in their Annual Report 1996 (p. 1) Swissair has moved from its traditional structure an airline to become a corporate group that conducts airline-related activities in addition to actual airline operations. The new group structure, named the SAir Group will underscore the diversity of the new corporation