Monday, November 11, 2019

Pilot strike drags SAS net loss further down

The carrier incurred a net loss of 933 million Swedish kronor ($97.7 million or

87.1 million euro) for its second quarter from February to April, compared to a
net loss of 349 million for the corresponding period a year earlier.
After months of failed negotiations, 1,400 SAS pilots went on strike on April 26, disrupting domestic, European and long-haul flights.
The airline and the pilots' union failed to reach an agreement until the evening of May 2, after around 4,000 flights were cancelled, affecting more than 370,000 passengers.