SAS 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.
Many questions about the consequences of the deal remain unanswered, including the fate of SAS’ three hubs in the capital cities of Denmark, Norway and Sweden.
Finnair CEO Topi Manner believes Air France-KLM’s plan to acquire up to 19.9% of Scandinavian Airlines (SAS) will have a “somewhat neutral” impact on Finnair.
Leadership changes at Scandinavian Airlines come as the carrier continues restructuring after filing for U.S. Chapter 11 bankruptcy protection in 2022.
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.
The European Commission has opened a probe into whether a €1 billion ($1.1 billion) recapitalization of Scandinavian Airlines is in line with EU aid rules.
SAS sees a lot of opportunities for Airbus A321LR operations in its markets, but the aircraft first has to prove itself, says SAS CEO Anko van der Werff.
Scandinavian Airlines (SAS) could be welcoming some new owners within 13 weeks, after receiving U.S. court approval to begin a search for fresh equity capital.
Scandinavian Airlines (SAS) has decided not to take up a $350 million debtor-in-possession (DIP) loan during the second quarter of 2023, as originally planned.
