Tag Archives: SEDOR

Scandinavian Airlines’ yearly loss widens but hopes to be profitable for the current fiscal year

Scandinavian Airlines-SAS (Stockholm) reported a pretax loss of 1.25 billion kronor ($188 million) for the period ending on October 31, versus a profit of 381 million kronor in the previous fiscal year. SAS has suffered with aย net yearly loss since 2007. The company with its reorganization program hopes to be profitable on a pretax basis for the current fiscal year that commenced on November 1.

Read the full company report: CLICK HERE

Read the analysis by Bloomberg: CLICK HERE

Copyright Photo: SM Fitzwilliams Collection. Boeing 737-683 SE-DOR (msn 28305) touches down at Dublin.

Scandinavian Airlines-SAS:ย AG Slide Show