The company's purpose is to operate a commercial air transport business and to commercially charter, hold, distribute, advise on and provide services for aircraft, as well as to operate and organize them and to train flight personnel. It may also engage in related business activities and participate in companies of all kinds. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose, including ground handling services, aircraft maintenance and catering, travel agency and event services. Furthermore, it may conduct research, development, construction, sale and restoration of aircraft, spacecraft, land vehicles (in particular cars, motorcycles), ships and machines, accept, assign, manufacture and operate them. The company may acquire, encumber, sell and manage real estate and properties in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for its subsidiaries and third parties.