Tag Archives: OY-KAP

SAS Group slips back into the red for its fiscal year

SAS Group (Scandinavian Airlines-SAS) (Stockholm) at its annual meeting discussed its financial results for its fiscal year 2013-2014 and also issued its annual report. The group fell back into a net loss of 719 million SEK ($88.4 million) for the year.

The group is coming under continued pressure from lower cost carriers in its markets (especially from Norwegian Air Shuttle) and also from the major European carriers, such as British Airways-Iberia, Lufthansa and Air France-KLM, shifting its European operations to its lower cost subsidiaries such as Vueling Airlines, Germanwings, Transavia Airlines and Hop!

SAS Group’s share of the Scandinavian market:

SAS share of the Scandinavian market

The group summarized its fiscal year:

“The results for the 2013/2014 fiscal year reflect a year characterized by substantial overcapacity and pressure on yield and unit revenue, and in which market conditions stabilized slightly toward the end of the year.”

The group also issued this outlook for 2015:

“SAS is continuing the intensive efforts to strengthen competitiveness. The potential exists for SAS to post a positive EBT before tax and nonrecurring items in the 2014/2015 fiscal year. This is provided that the economy does not weaken, that the trend continues in terms of reduced capacity and lower jet fuel prices, is maintained, that exchange rates are not subject to further deterioration and that no unexpected events occur.”

Fleet streamling:

In the 2013/2014 fiscal year, SAS phased in one long-haul aircraft and five medium-haul aircraft with modern cabins, in parallel with phasing out the last two Boeing 737 Classics. SAS also returned 11 MD-80s and seven Boeing 737 Classics that were taken out of service in the 2013 calendar year. With the phasing out of the MD-80 fleet and Boeing 737 Classics, SAS achieved an in-service aircraft fleet comprising only Next Generation aircraft in 2013/2014. SAS now has only one type of medium-haul aircraft per base, which provides a more stable and more efficient operational and technical plat- form. In addition, SAS plans to further streamline regional aircraft operations by phasing out Boeing 717s in 2015. SAS intends to transfer the CRJ900s to Cimber.

In addition, SAS has placed orders for four Airbus A330Es and eight Airbus A350s with delivery from 2015 to 2021, as well as 30 Airbus A320neo with delivery from 2016 to 2019. The first long-haul aircraft are expected to be in-service in autumn 2015. The introduction of long and medium-haul aircraft means SAS will be able to offer fre- quent travelers a world-class customer experience in parallel with lowering fuel and maintenance costs.

SAS Fleet Plans 2015

SAS Group’s strategy:

SAS Group Strategy

Read the full yearly financial report: CLICK HERE

Copyright Photo: SPA/AirlinersGallery.com. The SAS Group still operates both the Airbus A320 and Boeing 737 Next-Generation family of aircraft in a very mixed short haul fleet. With the new A320neo aircraft being added the Boeing 737 fleet will be gradually reduced. Airbus A320-232 OY-KAP (msn 3086) arrives in London (Heathrow).

SAS aircraft slide show:

SAS to launch seven new winter routes, will continue other summer routes into the winter

Scandinavian Airlines-SAS (Stockholm) for the winter season is launching seven new routes, with four routes going to holiday destinations in Spain. At the same time, twenty summer routes will continue during the winter timetable. SAS has launched a total of 53 new routes in 2014. This winter, SAS
passengers can enjoy flying direct on the following routes: Copenhagen-Las Palmas, Aalborg-Malaga, Billund-Malaga, Gothenburg-Geneva, Bergen-Las Palmas, Oslo-Hamburg and Oslo-Vilnius.

SAS is continuing to expand its range of direct routes from Scandinavian airports to popular Spanish holiday destinations throughout the winter. Four of the new winter routes go to Malaga, capital of the Costa del Sol, and Las Palmas, capital of Gran Canaria.

SAS will be operating a total of 34 routes from Scandinavia to seven destinations in Spain.

Geneva, Vilnius and Hamburg

The winter timetable also offers other new routes. During the skiing season, passengers from Gothenburg can visit the Swiss Alps with a new direct flight to Geneva, while SAS passengers from Oslo can fly to Vilnius over the Christmas period. In addition to this comes the launch of the Oslo-Hamburg route, which is attractive both for business and weekend travelers.

Selected summer routes continue in winter

As well as launching the new winter routes, SAS will continue operating twenty routes from the summer timetable during the winter – either as year-round routes or as additional routes during the Christmas holidays. So passengers from the SAS hubs of Stockholm, Oslo and Copenhagen can take a city break in Barcelona over Christmas and New Year, for example.

More frequencies on routes to the US

In the winter timetable SAS adds several departures to US destinations. SAS increases from five to six weekly departures from Stockholm to New York and Chicago and also increases with two more departures each week from Oslo to New York.

New routes from Denmark

Copenhagen-Las Palmas: November 1, 2014 to March 28, 2015, departure on Saturday
Aalborg-Malaga: December 20, 2014 to January 3, 2015 and February 7 to March 28,
2015, departure on Saturday
Billund-Malaga: December 20, 2014 to January 3, 2015 and February 7 to March 28,
2015, departure on Saturday

New routes from Norway

Oslo-Hamburg: From October 26, departing on Monday, Thursday, Friday and Sunday
Oslo-Vilnius: Departure December 19, 2014, December 21, 2014, December 26, 2014,
December 28, 2014, January 4, 2015, and January 5, 2015
Bergen-Las Palmas: November 1, 2014 to January 3, 2015 and February 21, 2015 to
March 28, 2015, departure on Saturday

New routes from Sweden

Gothenburg-Geneva: January 31, 2015 to March 21, 2015, departure on Saturday

Year-round routes

Copenhagen-Alanya, Copenhagen-Leeds, Copenhagen-Linköping, Oslo-Alanya, Oslo
-Aberdeen, Oslo-Aalborg, Stavanger-Tromsø, Stavanger-Houston, Stockholm-Nice,
Stockholm-Thessaloniki, Stockholm-Tel Aviv, Stockholm-Edinburgh, Stockholm
-Visby, Stockholm-Alicante, Stockholm-Hamburg.

During the Christmas holidays

Copenhagen-Barcelona, Copenhagen-Thessaloniki, Oslo-Barcelona, Stockholm
-Barcelona and Stockholm- Pristina.

Intercontinental routes

Oslo-New York: Daily departures except Saturday (Tuesday and Wednesday are new)
Stockholm-New York: Daily departures except Monday (Friday is new)
Stockholm-Chicago: Daily departures except Sunday (Thursday is new)

Copyright Photo: Stefan Sjogren/AirlinersGallery.com. Airbus A320-232 OY-KAP (msn 3086) prepares to land at the Stockholm (Arlanda) hub.

Scandinavian Airlines-SAS: AG Slide Show