Sas Scandinavian Airlines News
SAS secures USD 700
SAS AB (“SAS” or the “Company”) announces that it has entered into a debtor-in-possession (“DIP”) financing credit agreement for USD 700 million (the equivalent of approximately SEK 7.0 billion) with funds managed by Apollo Global Management (“Apollo”).
Pilot strike leads SAS to file for bankruptcy protection
SAS has filed for Chapter 11 bankruptcy protection in the United States as a pilot strike compounds the Scandinavian carrier’s financial woes.
Ramp-up and transformation of SAS continues
SAS continues the ramp-up and has during the quarter seen the highest number of passengers since the pandemic started. Meanwhile, the work with the necessary transformation plan, SAS FORWARD, continues.
SAS receives first A321LR from Airbus
The Scandinavian carrier has taken delivery of the first of three A321LR planes on lease from Air Lease Corporation. The plane is powered by CFM Leap-1A engines.
SAS to cut 5,000 jobs across Scandinavia in wake of Covid-19
Scandinavian Airlines has said it will cut as many as 5,000 jobs as it seeks to restructure for a post-Covid 19 world. The losses will be split between approximately 1,900 full-time positions in Sweden, 1,300 in Norway and 1,700 in Denmark.
Norway offers bailouts to domestic airlines
The government of Norway has moved to support the flatlining aviation sector in the country, offering more than US$550 million in bailout funds. Some US$250 million will be directed at embattled budget operator Norwegian.
SAS questions soul of Scandinavia in new ad campaign
SAS has launched a slightly odd new ad campaign – ‘We Are Travellers’ - that questions the very origins of Scandinavia. The campaign’s centrepiece is what the airline describes as a “timely, cheeky and warm” reminder of why we travel - and what we bring with us home.
SAS takes delivery of first Airbus A350-900
Scandinavian carrier SAS has taken delivery of its first A350-900, becoming the newest operator of the latest generation widebody aircraft. The airline has a total of eight A350-900 aircraft on order and operates a fleet of 68 Airbus aircraft.
SAS to welcome first Airbus A321LRs in September
The first of three new A321LRs, a narrow-bodied aircraft suited for longer distances, will enter the SAS fleet in September next year. The Airbus A321LR is a narrow-body, single aisle aircraft, specially configured to fly longer distances than a standard A321neo.
SAS unveils first new livery in two decades
For the first time in 21 years, SAS has launched a brand new visual identity and revealed a new design for its aircraft exterior. The new livery is a modern take on classic Scandinavian design.
SAS passengers offered biofuel opportunity
Travelers flying with SAS can now voluntarily choose to buy biofuel and so as to help reduce climate-affecting CO2 emissions by up to 80 per cent. The new non-profit service aims to pioneer a large-scale and competitive market for biofuel within aviation, in line with SAS’ sustainability strategy.
SAS to offer new ski options to British travellers this winter
Just a short distance from around 250 slopes in the in Sälen and Trysil regions of Sweden and Norway, the flights offer British skiers easy access to one of Scandinavia’s leading winter sport regions.