SAS Group yesterday reported a net profit of SEK553 million ($77.3 million) for the second quarter, a 10.8% improvement over the SEK499 million earned in the corresponding 2005 period. It credited record passenger numbers and high load factors for the result, even though its operating income fell 7.2% to SEK881 million. "During the first half of 2006, there was strong market performance in the Group's markets. The strong growth, combined with the new business models, contributed to ...

Subscribe to Access this Entire Article

"SAS reports moderate second-quarter improvement" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.