Your solution to legal problems
Banner

Aviation: Reductions announced by SAS

As part of the already planned cost reductions in the new strategic platform 4Excellence, the Nordic airline SAS will reduce the number of full-time positions in the administration with 300.

One of the main targets in 4Excellence is a 3-5% unit cost reduction annually. That equals approximately 2 billion SEK for 2012.

SAS maintains its forecast of a marginally positive financial result for 2011. However as previously announced the implementation of the initiatives in 4Excellence becomes even more crucial in 2012 due to increased economic uncertainty, increased pressure on yields in the airline industry and continued high fuel prices.

(NRK/Press release)


Related Articles

Government raises ban on airline bonus points

  SAS EurobonusThe government has decided to raise the ban from 2007 on collecting bonus points on domestic flights. ..Read more...

Aviation: Widerøe grounded by strike

altAll planes of the Widerøe domestic airline are grounded from Wednesday due to a strike by cabine staff. Negotiations for pension rights were broken off in the early hours of the morning. ..Read more...

Aviation: SAS sells Widerøe to investor group

altThe SAS Group has announced that it has signed an agreement to sell 80% of its shares in its  domestic airline Widerøe's Flyveselskap AS to a group of Norwegian investors. ..Read more...

Aviation: Norwegian plans new base in Ireland

  altLow-fare airline Norwegian is considering registering its new Dreamliner long distance aircraft in Ireland, in order to cut staff and operating costs, and increase profits. ..Read more...

Aviation: Norwegian to establish a new freight carrier

  Low fare airline Norwegian has established a cargo company that will coordinate and utilize the capacity of the airline’s route network. In addition, the new company aims to attract more business partners. ..Read more...

Aviation: Improved Q1 result for Norwegian

Low fare airline Norwegian reports an improved result of MNOK 238 in the first quarter of 2013, compared with the first quarter of last year...Read more...

SAS sells off ground handling services

altSwissport International Ltd. and Scandinavian Airline Systems (SAS) have announced they have signed a Letter of Intent, with the aim for Swissport to take over SAS ground handling services.   ..Read more...

More passengers fly Norwegian

altLow-fare airline Norwegian carried nearly 17.7 million passengers in 2012, an increase by 13 per cent compared with the year before. ..Read more...

Ryanair plans domestic flights in Norway

The Irish low-fare airline Ryanair wants to operate on domestic destinations in Norway, and is currently negotiating with the Norwegian Civial Aviation Authorities (AVINOR). ..Read more...

SAS pilots present new proposals

As part of an effort to save the SAS airline, the SAS pilots unions in Sweden Denmark and Norway have presented a new proposal to the SAS leadership. ..Read more...

Positive reactions to SAS savings plan

Norwegian Minister of Industry and Trade, Trond Giske, says the savings plan presented by SAS on Monday is demanding on the personnel, but necessary. ..Read more...

Aviation: Fresh start for SAS?

The Nordic airline SAS on Monday presented its new plan for economic restructuring, including fresh credit guaranteed by the Danish, Norwegian and Swedish governments. ..Read more...

Aviation: More passengers fly SAS

The SAS Group carried 2.6 million passengers in September, up 3.5% from the same month last year. ..Read more...

Airlines hold Avinor responsible for financial loss

  Norwegian Airlines demand that Avinor (Norwegian Civil Aviation Administration) reimburses them for a NOK 100 million loss due to delays and cancelled flights this summer.   ..Read more...

New strike at airports avoided

A strike by ground crews at Norwegian Civil Aviation (Avinor) airports was avoided in the early hours of Saturday morning, when the two sides reached a new wage agreement, following arbitration five hours on overtime.  ..Read more...

Oslo Børs Benchmark Index_GI (OSEBX)

 

Currency Converter

Social Networking

WHAT's YOUR OPINION

Should Norway apply for the 2022 Winter Olympics ?

Norges Rederiforbund
2011kampanje2

.Partners

Folkeuniversitetet
Help to solve legal problems ?
NORGE.NO/DIFI
62 degrees north
Bedin Front Right Top
Help to solve legal problems ?
Bjørknes
Norsk Romsenter
Munch 150 years