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Öresund Bridge raises toll for single journeys between Sweden and Denmark

The Öresund Bridge on Thursday increased its toll for single journeys but said that new discount rates will be introduced.

Öresund Bridge raises toll for single journeys between Sweden and Denmark

The bridge’s operator Öresundsbron set out the changes to toll prices in a press statement on Tuesday.

“We are making it cheaper for those who travel with us the most and the price will go up for those who travel less,” Öresundsbron director of sales and marketing Berit Vestergaard said at a briefing on the price changes.

The toll price for a one-way crossing on the Öresund Bridge was raised to 645 Swedish kronor (440 Danish kroner) from the previous 610 kronor (415 kroner) on Tuesday, a 6 percent increase.

Discount offers for both private and business customers will provide bigger savings for frequent bridge users under the new price structure.

While the annual fee to register for one of the Öresund Bridge’s range of discount offers goes up from 495 Swedish kronor (335 Danish kroner) to 499 kronor(349 kroner), the price per journey falls by 6-7 percent or 8-12 kroner per journey.

A breakdown of the Öresund Bridge price changes in full. Photo: Öresundsbron

Increased prices on single trips allow the cost of a crossing for a discount customer to be reduced, Vestergaard said.

“We want to offer our customers a cheaper price and we are doing it at a time when many other things are becoming more expensive,” she said in the statement.

“It will simply be cheaper and easier to cross the Öresund with a discount offer. The price per journey will fall by around 7 percent,” she said.

Tuesday’s changes mean that motorists registered for discount offers will no longer need to carry an electronic tag to register at the toll. Instead, tolls will use number plate recognition. Cars must be registered on the Öresundsbron website.

Discount schemes for the bridge have been renamed under three categories: ÖresundGO, ÖresundPENDLER and ÖresundBUSINESS.

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SAS

Scandinavian airline SAS loses half a billion kroner in one month

Scandinavian airline SAS lost 2.3 billion Swedish kronor, around 1.5 billion Danish kroner, in the months November 2023-February 2024, including 500 million kroner in February alone.

Scandinavian airline SAS loses half a billion kroner in one month

The figures come from accounts which the company is obliged to report each month as part of a bankruptcy protection (Chapter 11) process it is undergoing in the United States.

The accounting shows that in February, SAS operated with a loss of 822 million Swedish kronor, which corresponds to 535 million Danish kroner or 835 million Norwegian kroner.

Although the company’s February losses are larger than expected, turnover at the airline is in line with expectations according to analyst Jacob Pedersen of Danish bank Sydbank.

“Revenue in February 2024 is only modestly better than in the same month last year, despite a marked increase in turnover. This progress is naturally positive but also driven by a lift in revenues from the leap year this year, which doesn’t raise costs by the same level,” he said in a written comment.

From November to February, SAS posted a turnover of just under 11.8 billion Swedish kronor, equivalent to just over 7.7 billion Danish kroner.

For February alone, turnover was just under 2.9 billion Swedish kronor, around 1.9 billion kroner.

This means that, compared to February in 2023, SAS has raised revenues by around 400 million Swedish kronor.

Pedersen, who closely follows aviation markets, said that the February figures are evidence “significantly more work” must be done by SAS to catch competitors on revenue.

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