SAS sees 3Q net income down 26% on higher fuel costs, pilot strike

Credit: SAS
Scandinavian Airlines (SAS) reported a net income of SEK1.16 billion ($122 million) for the third quarter (May-July), down 26% from SEK1.57 billion in the year-ago period. SAS president & CEO Rickard Gustafson said the “disappointing” 3Q results were mainly attributed to increased fuel costs, the...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.