Independent journal on economy and transport policy
19:44 GMT+2
SAS flies through clouds of red ink
(Dagens industri)
February 13, 2002
Scandinavian airline SAS announced a pre-tax loss of SEK 1.79 billion for full-year 2001. During the fourth quarter alone, SAS lost SEK 1.14 billion, as demand lessened in the wake of the September 11 terrorist attack, and fewer passengers opted to fly Business Class.
SAS made a profit of SEK 1.7 billion during the same period of the previous year.
Turnover amounted to SEK 51.4 billion, up from SEK 47.5 billion in the ...... Read more on Dagens industri
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