SAS Group reported third-quarter net income of SEK604 million ($84.3 million), up 14.2% from a profit of SEK529 million in the year-ago quarter, on an 8.9% rise in revenues to SEK18.04 billion. Acting President and CEO Gunnar Reitan called the results "positive" but noted that a "strong economy is a significant contributory factor," adding, "The result is far from the group's return requirement and, accordingly, it is necessary to continue focusing full energy on cost-cutting ...

Subscribe to Access this Entire Article

"Printer-friendly" 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?

Already registered? here.