Scandinavian Airlines Boeing 737-800
Scandinavian Airlines (SAS) is facing “historically high” pressure on yields that will affect its full-year financial results. The carrier said Thursday that capacity in its Scandinavian home markets has increased by more than 5% in the past six months, partly due to more airlines increasing capacity in the Nordic region. A spokesman told ATW these include fast-expanding, low-cost carrier Norwegian Air Shuttle, KLM Royal Dutch Airlines and several southern European airlines. The ...
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