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Aircraft and finance. SAS is back in black, but market conditions will slow down its growth

Stockholm, Sweden - "Conditions worsened dramatically in the fourth quarter", CEO Rickard Gustafson explained

Scandinavian Airlines (SAS) reported a balance sheet in the black for the first time since 2007, thanks to the restructuring plan it has implemented during the past months: the Scandinavian carrier, which was on the verge of bankruptcy about one year ago, ended its fiscal year (which closes in October) with a net profit of 178 million kronor (20 million ERuros, 27 million dollars), with a sharp increase...

AVIONEWS - World Aeronautical Press Agency - 1157256
Rome, Italy, 12/19/2013 17:39
AVIONEWS - World Aeronautical Press Agency

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