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04 April 2020 The on-line newspaper devoted to the world of transports 11:28 GMT+2

February 13, 2002

SAS flies through clouds of red ink

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 ......
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