Scandinavian Airline Systems (SAS) reports a slight improvement in Q2. It reduced its losses during the first six months of November-April FY21. While these are the best results since a year ago and bookings for this summer look promising, the second half of the year...
SAS is early retiring almost one-third of its Boeing 737NG-fleet, converting some of them to full-freighters. Most of the Airbus A340-fleet is also to be retired, the airline said on December 3 during its FY2019/20 results presentation. Before Covid, the Scandinavian...
SAS is facing a crucial month of September as the airline is seekings bondholder and shareholder approval for its SEK 14.25 billion recapitalization plan. With support from the Swedish and Danish governments and major shareholder Knut and Alice Wallenberg Foundation,...
It’s mid-July and most airlines have significantly ramped up capacity since June, with more steps to follow this summer. Yet, traffic is still well below pre-Covid 19 levels. We bring you an update, with further updates on American Airlines, Emirates, Etihad, Vietnam...
SAS is in advanced discussions with the Swedish and Danish governments about a recapitalization plan that could result in the two major shareholders increasing their share. The aim is to give the Scandinavian airline adequate levels of funding and liquidity, SAS said...
