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SAS pursues revised business plan

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29-May-2020 2:29 AM

SAS CEO Rickard Gustafson stated (28-May-2020) SAS is pursuing a revised business plan generating SEK4 billion in further improvements by 2022. The carrier is in active, intensive and constructive discussions with the company's major shareholders and selected stakeholders on a recapitalisation plan to ensure the future of SAS. This includes realisation of its key business priorities of necessary increased productivity and a continuation of the green transition. Mr Gustafson said any potential solution will require both government and market participation, as well as burden sharing measures involving internal, external and financial stakeholders in the company. SAS aims to present a plan to the market in Jun-2020.


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