Air France-KLM thinks that it can fully unlock the potential of SAS Scandinavian Airlines by acquiring the airline and getting it into its transatlantic alliance. This will be to the benefit of all parties involved. Group CEO Ben Smith shared some…
A consortium that includes investor Castlelake, Air France-KLM, and Lind Invest is to take a combined 60.5 percent majority stake in SAS Scandinavian Airlines. The consortium is the winner of the equity solicitation process , that SAS launched in May…
Delivery delays of the Boeing MAX 8200 force Ryanair to make adjustments in its original winter 2023/2024 schedule. The low-cost carrier said on Thursday that it is expecting thirteen fewer aircraft deliveries until the end of December. Ryanair had expected 27…
SAS Scandinavian Airlines ended the busy summer July quarter with its first profit since Q4 FY19, reporting a SEK 461 million net profit for Q3. This is a clear sign that the airline is on the right track to recovery,…
The European Commission (EC) has launched an in-depth investigation into the recapitalization of Scandinavian airline SAS during the Covid crisis in 2020. Brussels has no other option but to review the SEK 11 billion state aid package after the European Court of…
SAS continues to write red numbers, reporting higher operating and net losses for both Q2 and HY1 of the financial year 2023 today. Only revenues and the earnings before tax show an improvement, but the Scandinavian airline remains in a…