Wet-Lease Costs Impact SAS’s Otherwise Strong Quarterly Results

SAS A321LR
Credit: SAS
SAS has reported a positive fiscal third quarter (Q3), despite the travails of restructuring, pilot training issues, and high wet-lease costs for 41 aircraft. “I am pleased to conclude a busy summer quarter,” SAS CEO Anko van der Werff said during the airline’s fiscal 2023 Q3 webcast Sept. 1....
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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