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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 a 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.
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Filed under: Scandinavian Airlines-SAS Tagged: 28305, 737, 737600, 737683, aviation, Boeing, Boeing 737, Boeing 737600, DUB, Dublin, SAS, scandinavian airlines, Scandinavian Airlines-SAS, SEDOR, transportation Image may be NSFW.
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