Breaking Travel News

Danish pilots sign up to SAS survival plans

Danish pilots sign up to SAS survival plans

Danish Pilot Union members have voted to approve a new collective agreement at SAS Scandinavian Airlines as the carrier battles for survival.

The decision was one of the final pieces in a turnaround plan outlined by the airline earlier this month, with seven of the eight unions involved confirming their acceptance earlier this week.

The carrier said last week it would shed 6,000 jobs as it sought to avoid bankruptcy.

On November 12th the board of SAS approved the 4 Excellence Next Generation (4XNG) plan to address the issues facing the carrier.

The 4XNG plan will improve EBT by approximately SEK3 billion on an annualised basis and improve the overall cost flexibility.