All SAS articles

  • SAS-c-SAS
    News

    SAS warns 'reckless' pilots' strike threatens carrier's survival

    2022-07-04T10:58:00Z

    SAS is warning that industrial action by pilots is reckless and threatens the survival of the company, after it failed to avert a strike by cockpit crews. Efforts at mediation had twice deferred a strike notice, pushing it back from 29 June until 4 July. But SAS says the members ...

  • SAS fuselage-c-SAS
    News

    SAS gains more negotiating time as pilots push back strike again

    2022-07-02T15:15:00Z

    Mediators have obtained a further postponement of threatened industrial action by SAS pilots, at least until 4 July. The planned strike by cockpit crew for the Scandinavian carrier was originally scheduled to commence on 29 June. It was deferred by three days, to 2 July, after the two sides agreed ...

  • SAS Embraer-c-SAS
    News

    SAS pilot strike postponed but not averted as talks deadline extends

    2022-06-29T06:35:00Z

    Negotiators attempting to avert a pilot strike at Scandinavia’s SAS have obtained a three-day window to conduct further talks. Cockpit crews had been scheduled to commence industrial action on 29 June. But mediators have requested that the various sides in the dispute continue their talks for another 72h, and the ...

  • SAS tail-c-Airbus
    News

    Norwegian government prepared to back short-term SAS debt-to-equity swap

    2022-06-28T08:49:00Z

    Norway’s government is not prepared to put any new capital into Scandinavian carrier SAS, but is prepared to consider converting outstanding debt into shares. But the government will “not be a long-term owner” of the company, insists the Norwegian trade ministry. The government had previously been a part-owner of SAS ...

  • SAS A320neo-c-SAS
    News

    SAS braces for schedule disruption as pilots threaten industrial action

    2022-06-27T18:34:00Z

    Scandinavian carrier SAS is bracing for a potential cockpit crew strike across its three main operating states within days. The airline has been negotiating with various parties to secure support for its ‘SAS Forward’ restructuring plan. SAS says industrial action by pilots – about which it has received notification from ...

  • Airbus
    News

    Air Baltic chief calls on OEMs to resolve parts shortages that are grounding A220s

    2022-06-27T12:21:00Z

    Air Baltic chief executive Martin Gauss has called on engine and aircraft manufacturers to find solutions to the supply-chain issues that are continuing to ground the carrier’s Airbus A220s for prolonged periods during maintenance.

  • SAS fuselage-c-SAS
    News

    Danish government could raise stake in SAS as it backs transformation plan

    2022-06-13T06:08:00Z

    Denmark’s government has agreed to support Scandinavian carrier SAS through a debt-to-equity conversion, but has also signalled it will invest new capital into the struggling airline and potentially raise its shareholding. The Danish finance ministry says the government will support the ‘SAS Forward’ restructuring programme for the carrier, following a ...

  • SAS-c-SAS
    News

    Sweden to convert SAS debt but refrains from injecting new capital

    2022-06-07T08:22:00Z

    Sweden’s government is proposing that it be authorised to enter a debt-to-equity swap to provide financial assistance to flag-carrier SAS. But it will not supply fresh capital to the struggling airline. Swedish trade and industry minister Karl-Petter Thorwaldsson disclosed the proposal on 7 June. It would require the legislature to ...

  • SAS A350-c-Airbus
    News

    SAS seeks widebody fleet relief from lessors as Asian routes stay closed

    2022-05-31T09:23:00Z

    Scandinavian operator SAS has stressed that it needs to relieve the financial pressure from its long-haul fleet, owing to limitations in its ability to operate to Asian destinations. Chief executive Anko van der Werff, speaking during a second-quarter briefing, said the airline had “too many” widebody aircraft. He says SAS ...

  • SAS Airbus-c-SAS
    News

    SAS cuts back summer flight programme to avert ramp-up bottlenecks

    2022-05-31T08:00:00Z

    SAS is aiming to achieve 80% of pre-crisis capacity deployment during the summer season, although the airline has cut a large number of planned flights in order to ensure stability. The Scandinavian operator says it is experiencing “positive” market development and “strong” ticket sales in the run-up to summer. But ...

  • SAS tail-c-SAS
    News

    SAS could seek court assistance to help with crucial financial restructuring

    2022-05-31T07:01:00Z

    Scandinavia’s SAS is prepared to utilise court-based restructuring proceedings in order to assist with resolving its financial problems and help push through parts of its ambitious ‘SAS Forward’ transformation plan. It is looking to raise at least SKr9.5 billion ($970 million) in fresh equity – expecting to source this from ...

  • A320neo easyJet (c) Airbus Nov 2019
    News

    Flight shaming could hamper sustainability investments: EasyJet chief

    2022-05-27T16:39:00Z

    Airlines will need to continue to attract passengers and remain profitable if they are to invest in a sustainable future, according to EasyJet chief executive Johan Lundgren.

  • SAS A350-c-SAS
    News

    SAS struggles to obtain stakeholder backing for crucial transformation

    2022-04-29T10:25:00Z

    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 ...

  • Airline Business Weekly Briefing Logo WEB2
    Analysis

    Airlines warming to summer demand trend amid cloudy fundamentals

    2022-04-15T08:30:00Z

    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.

  • Airbus
    News

    Some Air Baltic A220s will be wet-leased to other airlines ‘for foreseeable future’

    2022-04-14T11:53:00Z

    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.

  • ABpod-logo-ws
    Podcast

    Airline Business Podcast: Challenging summer capacity ramp-up and the fight for Spirit

    2022-04-14T07:06:00Z

    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 ...

  • Tokyo Airbus A350
    News

    How Russian airspace restrictions are adding hours to some Europe-Asia flights

    2022-04-12T11:58:00Z

    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.

  • Dubai DXB 2021
    News

    Emirates chief rues lack of A380neo as SAS counterpart says too many widebodies built

    2022-04-07T14:35:00Z

    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.

  • Avianca
    News

    SAS chief urges airline industry to ‘get real’ as he laments missed consolidation chance

    2022-04-07T13:30:00Z

    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.

  • SAS tail-c-SAS
    News

    SAS defers interest payment on securities under restructuring scheme

    2022-04-07T13:25:00Z

    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 ...