Scandinavian Airlines (SAS) has reported that yields are at “historically low levels” in its marketplace, as a result of higher fuel prices, an unfavorable exchange rate for the Swedish krona against the dollar and a new Norwegian aviation tax. Although passenger demand is improving, SAS’s operating environment is becoming more challenging, the airline said Feb. 7. In the 2016-17 financial year, SAS said it will increase capacity by 6%-8%, measured in ASKs, with the ...

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