Eight out of eight unions accepted SAS's terms, and the board thanked the unions for their cooperation after the last deal was signed Monday afternoon.
"These deals are the result of hard work, and the labor unions have taken on a lot of responsibility in this situation. It's amazingly pleasing," the CEO of SAS, Rickard Gustafson, told the press Monday.
Board Director Fritz Schur does not think the airline will have any problems following through with the saving measures, now that all the unions have accepted the terms.
Selling Widerøe is part of the company's future economy plan, a sale that may be completed within a year. Schur, however, does not have number in mind for what the airline could go for.
However, both Schur and SAS's head of communication in Norway, Knut Morten Johansen, seem optimistic and believe that business can no go on as usual for the company.
"There is more security now for future development and operation," says Johansen. "As a result, there is a stronger basis for a far more competitive SAS."
(NRK)
The clean-up process in the wake of the destructive floodwaters which hit Eastern Norway this week, has barely begun, but it is already clear that it will be a long and very expensive task...
The government has decided to raise the ban from 2007 on collecting bonus points on domestic flights.
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SAS transported 2,5 million passengers in april, an increase of 151.000, pr 6,5 percent, compared to last year.
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A two-day international conference on the humanitarian impact of nuclear weapons, hosted by the Norwegian government, opens in Oslo today, Monday.(Photo: Norwegian Minister of Foreign Minister Espen Barth Eide)
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The Norwegian Police Security Service (PST) confirms that there is a conflict between the military and the police when it comes to who should have the lead in in the fight against terror in Norway.(Photo: Head of PST Benedicte Bjørnland)
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The Norwegian Pension Fund, or National Oil Fund, as it is also known, has for the first time invested in properties in the US, purchased from the US Pension Fund TIAA-CREF.
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On Monday afternoon, after several hours of negotiations on overtime the last union reached agreement with the Sacndinavian airline SAS thus avoiding bankruptcy.
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