All SAS articles
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NewsSAS struggles to obtain stakeholder backing for crucial transformation
SAS remains downbeat over progress with its ambitious transformation plan, with negotiations to overhaul its cost structure failing to yield any breakthrough. The Scandinavian operator says the ‘SAS Forward’ plan is “entirely dependent” on deleveraging the company and raising “significant amounts” of new equity. It says it needs to the ...
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Analysis
Airlines warming to summer demand trend amid cloudy fundamentals
The past week has seen a growing list of airlines offer optimistic outlooks for the coming summer season, despite a lengthy list of challenges faced by the industry – although one chief executive bucked the trend, calling on airlines to “get real” as he outlined a less-than-rosy take on future demand fundamentals.
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News
Some Air Baltic A220s will be wet-leased to other airlines ‘for foreseeable future’
Latvian carrier Air Baltic will potentially wet-lease a proportion of its Airbus A220-300 fleet to other carriers for a number of years, as its home markets recover from the pandemic and it adjusts its network in response to the Russia-Ukraine war.
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Podcast
Airline Business Podcast: Challenging summer capacity ramp-up and the fight for Spirit
Graham and Lewis return to discuss the challenges facing airlines as they ramp-up operations heading into the northern hemisphere summer, notably amid staffing shortages and rising fuel prices. They also take a look at the competition to purchase Spirit Airlines, after JetBlue Airways threw its hat into the ring for ...
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News
How Russian airspace restrictions are adding hours to some Europe-Asia flights
Recently introduced airspace restrictions are adding up to seven hours to round-trip flight times between Europe and Asia, according to analysis of Flightradar24 data by Eurocontrol.
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News
Emirates chief rues lack of A380neo as SAS counterpart says too many widebodies built
The leaders of Emirates Airline and SAS have offered different perspectives on the market for widebodies today, with one citing the growing need for super-sized aircraft to feed busy hubs and the other suggesting too many twin-aisles have been produced over the past decade.
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News
SAS chief urges airline industry to ‘get real’ as he laments missed consolidation chance
The chief executive of Scandinavian carrier SAS has questioned the narrative that demand for long-haul travel in particular will align with pre-Covid trends and assumptions, as he urged the industry to “get real” about the challenges ahead.
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News
SAS defers interest payment on securities under restructuring scheme
Scandinavian carrier SAS is to defer interest payments on securities which fall due towards the end of April as part of its latest stabilisation plan. SAS states that it will defer the semi-annual payment of SKr36 million ($3.8 million) for 25 April, as well as the SKr138 million payment for ...
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News
SAS commercial chief steps down for post in education sector
SAS is losing another senior executive in the space of two weeks, with the decision by chief commercial officer Karl Sandlund to step down. He is set to leave SAS by the beginning of October. His resignation comes two weeks after that of chief financial officer Magnus Ornberg. Sandlund has ...
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News
SAS runs into early friction during negotiations with pilots
Scandinavian operator SAS’s negotiations with cockpit crew representatives over its latest transformation plan have already encountered friction, with pilot union Svensk Pilotforening walking out of talks barely after they began. SAS has initiated a long-term plan, ‘SAS Forward’, in a bid to generate SKr7.5 billion ($800 million) in cost ...
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News
SAS recruits ex-Finnair finance chief
Scandinavian operator SAS has named Erno Hilden, formerly with Finnair, as the company’s new chief financial officer. He will succeed Magnus Ornberg who is stepping down from the position this spring. Hilden had served as chief financial officer of Finnair until 2015, and had also been the airline’s chief operating ...
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News
SAS finance chief to step down as airline strives to transform operation
Scandinavian flag-carrier SAS’s chief financial officer, Magnus Ornberg, is to step down from his position in the next few weeks. Ornberg has chosen to leave the airline in spring, says SAS. He has held the post for less than two years, having joined in autumn 2020, after being recruited from ...
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News
SAS to put greater focus on leisure in post-pandemic recovery
Scandinavian carrier SAS will put a greater emphasis on the leisure segment as it adjusts its network in line with the emerging post-pandemic market dynamic.
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News
SAS deepens cost-savings drive under new plan aimed at securing fresh equity
SAS has raised its annual cost-savings target to SKr7.5 billion ($800 million) under a fresh restructuring programme aimed at adapting the carrier to a “changed” market as it bids to prepare the ground to raise fresh equity.
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News
Busy Ryanair stops Eurocontrol flight numbers falling below ‘low’ scenario in early February
The number of flights in European airspace is tracking Eurocontrol’s ‘low’ scenario so far in February, despite Ryanair operating above pre-pandemic levels, as the region’s response to the Omicron variant of Covid-19 hits the recovery trajectory.
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News
SAS reinforces transatlantic network with Toronto services
Star Alliance carrier SAS is to open transatlantic services to Toronto from both Copenhagen and Stockholm this year. The carrier will operate long-range Airbus A321LRs on the services which commence in June. SAS states that it will operate to the Canadian city three-times weekly from Copenhagen and four-times weekly from ...
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Analysis
Airline CEO churn moderated in 2021 – with Canada clearout the exception
Fifteen of the world’s top 100 airlines and groups welcomed new chief executives in the 12 months to early December 2021, according to FlightGlobal’s latest survey, with upheaval among North American airlines a notable theme – and one that is set to continue into 2022.
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Analysis
Airlines keep eyes on the summer prize despite winter worries
It has been almost two decades since there was a direct transatlantic flight operating out of St Louis. That Lufthansa should announce plans to serve the Missouri city in 2022 at a time when the Omicron variant is casting such a pall over near-term demand illustrates the continued faith airlines have in the next northern hemisphere summer.
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News
SAS chief uncertain of Omicron winter impact but optimistic on summer 2022
The chief executive of Scandinavian carrier SAS has described his ‘optimism’ over demand in summer 2022, despite the near-term uncertainty created by the Omicron variant of Covid-19.
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News
SAS looks at fleet options for thinner network demand
Scandinavia’s SAS is evaluating fleet options to address lower demand on the company’s network, and is closing in on a decision. Speaking during a full-year briefing, chief executive Anko van der Werff said the company was assessing “what we can do, what we want to get” and was “nearing the ...
