SAS’s Bigger Than Expected Q4 Loss Will Not Affect Fleet Renewal

SAS A320neo

SAS Airbus A320neo

Credit: SAS
SAS Scandinavian Airlines reports it faced higher costs from currency exchanges and fuel prices in a challenging fourth quarter (Q4) of its fiscal 2023, which ended Oct. 31. The carrier reported a pre-tax loss of SEK2.11 billion ($204 million) in the August-October quarter, SAS President and CEO...
Kurt Hofmann

Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting…

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