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SAS News Stories

NTSB To Investigate Newark Taxiway Collision

May 2, 2013

An SAS wide-body jet clipped the tail of a smaller regional plane as they were taxiing for departure at Newark airport, US federal officials said on Thursday.
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SAS Stake Sale Chances Improve

March 15, 2013

The conditions for a sale of part state-owned airline SAS have improved since late last year when the loss-making group agreed a rescue package, Sweden's financial markets minister said on Friday.
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SAS First Quarter Loss Drops Sharply

March 8, 2013

Scandinavian airline SAS stuck by its goal to turn a profit in the 2012/13 fiscal year after its first quarter loss fell sharply.
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SAS Sells Ground Handling Unit To Swissport

March 7, 2013

Scandinavian airline SAS took another step on Thursday in its long-term survival and cost cutting plan by agreeing to sell its ground handling business to Swissport.
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SAS Sees 2012-13 Profit After Survival Plan

December 12, 2012

Scandinavian airline SAS expects to make a full-year profit in the coming 12-month period thanks to the survival plan that received union backing last month.
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Final Union Backs SAS Survival Deal

November 23, 2012

SAS said on Friday that a Danish union's members have backed wage cuts and working changes, one of the final pieces of a plan aimed at ensuring SAS's long-term survival.
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SAS Ticket Sales Surge After Rescue Deal

November 21, 2012

Ticket sales by SAS have risen sharply since the company agreed a cost-cutting deal with unions to ensure its survival, a source with knowledge of bookings said on Wednesday.
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SAS Directors Agree To 30 Pct Pay Cut

November 20, 2012

Scandinavian airline SAS said on Tuesday its board of directors had agreed to a 30 percent pay cut as part of a restructuring plan to secure the company's long-term survival.
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SAS Strikes Survival Deals With Unions

November 19, 2012

Scandinavian airline SAS agreed severe cost cuts with unions on Monday in a deal intended to secure new financing and the airline's long-term survival.
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SAS - 'A Dinosaur In The Process Of Dying'?

November 17, 2012

Struggling Scandinavian airline SAS was once a symbol that was about all the best of the Nordic economic model, with high wages, job security and generous benefits.
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SAS Ticket Sales Hit By Uncertainty

November 15, 2012

Crisis-hit SAS has seen ticket sales this week hit by uncertainty over the airline's future, a source with good knowledge of SAS bookings told reporters on Thursday.
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Swedish Bank Says SAS Losses Exaggerated

November 15, 2012

Swedish banking group SEB on Thursday strongly rejected a media report which said it faced large losses from any bankruptcy of troubled airline SAS.
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