Scandinavian Airlines (SAS) reported a 2018 first-half net loss of SEK597 million ($68.8 million), narrowed from SEK876 million in the year-ago period. The carrier said underlying earnings improved over the 1H of its 2017-18 financial year, which helped reduce the net loss. SAS made the loss on turnover fractionally up at SEK18.9 billion, compared to SEK18.8 billion a year ago. Overall, factors including deterioration of the Swedish kroner against other currencies; a longer, ...

Subscribe to Access this Entire Article

"SAS Scandinavian Airlines narrows 1H losses on improved earnings" 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.