SAS Group has unveiled a last-ditch effort to restructure the ailing Scandinavian company, warning that union agreement is essential to obtain the support needed for new financing. Norwegian regional ...
SAS Group, parent of Scandinavian Airlines, on Tuesday announced a restructuring plan that will eliminate unprofitable routes and 3,000 jobs. In addition, 5,600 employees will leave SAS as part of ...
Embattled SAS Group is embarking on yet another restructuring plan, cutting back its fleet and shedding 1,000 jobs as it bids to regain the long-term financial stability largely absent from the ...
SAS 737-700. Photo: By Rob Finlayson. SAS Group reported a first-quarter net loss of SEK373 million ($59.6 million), narrowed from a SEK712 million net deficit in the year-ago period. Despite the loss ...
Two significant strategic developments in early Jul-2025 demonstrate how far SAS has progressed since the COVID-19 pandemic crisis forced it into a major restructuring programme in 2020. Firstly, SAS ...
SAS Group has signed a firm order for 35 A320neo aircraft, while the carrier will also lease 15 additional A320neos from third parties. This new commitment will result in SAS becoming an all Airbus ...
Another day, another struggling flag-carrier announces a radical overhaul of its operations as it battles for its existence. Air France, Qantas, and Iberia were today joined by SAS Group, which ...
SAS Group is selling a 67% stake in its component overhaul and support business to Singapore Technologies Engineering, parent of ST Aerospace, for €80.4 million ($96 million). SAS Group will maintain ...
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