SAS remains in the red as pandemic squeezes airlines
Scandinavian airline SAS reported Thursday a wider quarterly loss, driven by the Covid-19 pandemic, but said it hoped things would improve in the summer as vaccines roll out.
Published: 25 February 2021 13:47 CET
An SAS plane at Oslo's Gardermoen airport in December. Photo: Stian Lysberg Solum/NTB/TT
For its first quarter — November to January — SAS booked a net loss of 2.05 billion Swedish kronor ($249 million, 204 million euros), compared to a loss of 861 million Swedish kronor a year earlier, the company said.
Revenue, reflecting the drop in traffic, plunged 77 percent year-on-year to 2.28 billion Swedish kronor.
The number of passengers fell to just under one million, over five million less than the same period a year before and a drop of 900,000 compared to the preceding quarter.
The carrier has already laid off 5,000 staff — 40 percent of its workforce — having in March furloughed 90 percent.
‘We agree to disagree’: Still no progress in marathon SAS strike talks
By lunchtime on Friday, talks between the Scandinavian airline SAS and unions representing striking pilots were still stuck on "difficult issues".
Published: 15 July 2022 15:37 CEST
“We agree that we disagree,” Roger Klokset, from the Norwegian pilots’ union, said at lunchtime outside the headquarters of the Confederation of Swedish Enterprise in Stockholm, where talks are taking place. “We are still working to find a solution, and so long as there is still some point in continuing negotiations, we will do that.”
Mats Ruland, a mediator for the Norwegian government, said that there were “still several difficult issues which need to be solved”.
At 1pm on Friday, the two sides took a short break from the talks for lunch, after starting at 9am. On Thursday, they negotiated for 15 hours, breaking off at 1am on Friday morning.