SAS News - SAS Thu, 16 Jun 2022 08:41:05 GMT WaaS en All rights reserved 2022 <![CDATA[SAS Traffic figures - May 2022]]> Wed, 08 Jun 2022 09:00:00 GMT <![CDATA[SAS inaugurates route to Toronto from Copenhagen and Stockholm with new long-range aircraft]]> Thu, 02 Jun 2022 12:55:00 GMT <![CDATA[Q2 2022: RAMP-UP AND TRANSFORMATION OF SAS CONTINUE]]> Tue, 31 May 2022 06:00:00 GMT
The plan was presented when the Q1 results were released on February 22 and is designed to secure long-term competitiveness. It will allow SAS to effectuate a deleveraging of its balance sheet while substantially improving its liquidity position. In addition to reducing the cost structure and improve efficiencies, SAS is seeking to convert approximately SEK 20 billion of debt and hybrid notes into common equity and will also seek to raise not less than SEK 9.5 billion in new equity capital. The success of the plan depends upon SAS attracting potential new capital from the capital markets and other sources and upon SAS fully achieving the targeted SEK 7.5 billion annual cost reduction by fiscal year 2026.

Earnings before tax ended at negative SEK 1.6 billion for the quarter and the cash balance at the end of the quarter was SEK 8.5 billion.]]>
<![CDATA[Star Alliance celebrates 25th anniversary as the world's first and leading airline alliance]]> Mon, 16 May 2022 08:00:00 GMT <![CDATA[As part of SAS FORWARD Plan, SAS defers interest payment on perpetual capital securities]]> Thu, 07 Apr 2022 13:00:00 GMT <![CDATA[SAS APPOINTS ANN-SOFIE HÖRLIN AS HEAD OF SUSTAINABILITY]]> Thu, 07 Apr 2022 10:23:25 GMT <![CDATA[SAS Traffic figures - March 2022]]> Thu, 07 Apr 2022 09:00:00 GMT <![CDATA[Chief Commercial Officer Karl Sandlund leaves SAS]]> Mon, 04 Apr 2022 06:30:00 GMT <![CDATA[SAS adds more summer routes]]> Fri, 01 Apr 2022 06:00:00 GMT <![CDATA[The EU General Court has revised and partially annulled its earlier decision for breaches of air freight competition rules]]> Wed, 30 Mar 2022 16:13:02 GMT · The partial annulment of the decision confirms SAS' view that the initial decision was incorrect. This implies that SAS has been upheld on a significant part of the points. However the ruling has limited financial effects.
· SAS has not yet reviewed the judgment in detail. SAS will now thoroughly review the judgment in order to determine further actions.]]>
<![CDATA[SAS appoints Erno Hildén as new CFO]]> Wed, 30 Mar 2022 09:30:00 GMT <![CDATA[SAS comments on pilot negotiations]]> Tue, 29 Mar 2022 19:16:03 GMT <![CDATA[SAS CFO Magnus Örnberg leaves SAS]]> Wed, 23 Mar 2022 11:00:00 GMT <![CDATA[SAS launches Travel Pass Biofuel]]> Fri, 18 Mar 2022 07:00:00 GMT <![CDATA[Kammarkollegiet extends agreement with SAS]]> Fri, 11 Mar 2022 07:00:00 GMT <![CDATA[SAS and Apollo sign agreement concerning summer charter flights]]> Thu, 10 Mar 2022 07:00:00 GMT <![CDATA[SAS Traffic figures - February 2022]]> Mon, 07 Mar 2022 10:00:00 GMT <![CDATA[SAS FORWARD: a new plan as first quarter results are released]]> Tue, 22 Feb 2022 07:00:00 GMT
SAS will implement measures aimed at securing long-term competitiveness. Along with the already ongoing work of developing an efficient and profitable business, the company is therefore presenting its transformation plan: “SAS FORWARD”.]]>
<![CDATA[SAS presents traffic program for the summer with 120 destinations]]> Thu, 17 Feb 2022 13:00:00 GMT <![CDATA[SAS Q1 report release date is adjusted]]> Wed, 09 Feb 2022 10:58:12 GMT