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SAS October RPK Up 3.1% Y/Y, Outlook Revised
SAS Considers Issuance Of New SEK Denominated Capital Securities
SAS: September RPK Up 2.3% Y/Y
SAS AB is a Sweden-based airline company. Its operations are divided into three operational segments: Scandinavian Airlines, providing air transportation services to destinations with passenger flows within Scandinavia as well as internationally; Blue1, providing air transportation services with main market in Finland and an additional traffic to the rest of Europe, and Wideroe, providing air transportation services with main market in Norway, and operating regional traffic with a proportion of procurement traffic, mainly in northern Norway. It is also active through SAS Ground Handling, which handles passenger and lounge services, as well as loading and unloading, deicing and towage of aircraft, among others; SAS Cargo Group, which provides postal and air freight services to, from and within Scandinavia; and Cimber A/S, engaged in the production of smaller aircrafts.
Frosundaviks Alle 1
Independent Chairman of the Board
Chief Executive Officer, President, Member of Group Management
Lars Sandahl Soerensen
Deputy Chief Executive Officer, Chief Operating Officer, Member of Group Management
Deputy Chief Executive Officer, Executive Vice President Strategy & Ventures, Member of Group Management
Independent Vice Chairman of the Board
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SAS reached a deal with unions to end a week-long strike by pilots that has grounded 380,000 passengers in a costly conflict that has dented the Scandinavian airline's prospects of making a profit this year.
SAS AB's top executive said late on Thursday that the Scandinavian airline and its pilot unions in Sweden, Denmark and Norway had reached a deal to end a strike that has affected hundreds of thousands of travellers over the past week.
SAS AB's top executive said late on Thursday that the Scandinavian airline and its pilot unions in Sweden, Denmark and Norway had reached a deal to end a strike that has affected hundreds of thousands of travelers over the past week.
Scandinavian airlines SAS said it would cancel more flights on Thursday as parties involved in a pilot strike held talks on Wednesday to try to resolve a six-day dispute that has left hundreds of thousands of passengers stranded.
The parties involved in the strike at Scandinavian airlines SAS will meet at the office of the Norwegian state mediator at 11:00 a.m. CET (0900 GMT) on Wednesday, the mediator told Norwegian news agency NTB. (Reporting by Gwladys Fouche; Editing by Catherine Evans)
Scandinavian airline SAS cancelled more than 500 flights scheduled for Wednesday, which will ground some 47,000 passengers, as a strike by pilots entered a fifth day with no sign of talks between management and unions.
Scandinavian airline SAS <SAS.ST> said on Tuesday it will add 50 Airbus <AIR.PA> A320neo aircraft to bolster its short and medium-haul fleet with deliveries to begin in the first half of next year.
China Development Bank Financial Leasing Co Ltd:
Scandinavian airline SAS has agreed to a new three-year wage deal with pilots at its Norwegian unit, ending a strike that had threatened to paralyse a large part of the carrier's network, the company said on Thursday.
The Swedish government is seeking buyers for its holding in airline SAS <SAS.ST>, business magazine Affarsvarlden reported on Wednesday, citing unidentified sources.
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