![]() ![]() Boeing is the second-largest manufacturer, with 127 aircraft, of which 105 were 737s. It was a loyal customer of Douglas Aircraft Company and its successor McDonnell Douglas, operating 290 aircraft and all major models from the DC-3 through the MD-90, except for the MD-11 and the MD-95 (AKA: Boeing 717-200). ![]() The airline has operated over 700 aircraft throughout its history. In addition there are 2 Bombardier CRJ1000 leased from Air Nostrum. As of February 2021, SAS utilize 164 aircraft- jetliners and turboprops-consisting of 64 Boeing 737, 28 Bombardier CRJ900 operated by Nordica and Cityjet, 44 Airbus A319/A320/A321, 9 Airbus A330, 8 Airbus A350 and 10 ATR 72's operated by Nordica and FlyBe. Owned by the eponymous SAS Group, the airline transported 22.9 million passengers to 90 destinations on an average 683 flights daily in 2011. Headquartered in Sigtuna outside Stockholm, Sweden, it operates out of three main hubs, Copenhagen Airport, Stockholm-Arlanda Airport and Oslo Airport, Gardermoen. ![]() Scandinavian Airlines (SAS), previously known as Scandinavian Airlines System, is the national airline of Denmark, Norway and Sweden. Contact Jacob via email if you are interested in receiving the newsletter.Aircraft operated by Scandinavian Airlines Airbus A320 New Engine Option in the airline's latest livery Airbus A340-300 in the airline's previous and most common livery McDonnell Douglas MD-81 in 1991 in the intermediate "Carlzon livery" He publishes a newsletter each weekday focused on the most important regional and global news. As a Russian speaker, he has been involved in covering the war in Ukraine. His most impactful reporting on Arctic issues include a report on how NATO allies are slowly waking up to Russian supremacy in the region, uncovering how Greenland represents a security black hole for Denmark and its allies, and how an abundance of critical minerals has proven a curse for Greenland.īefore moving to Copenhagen in 2016, Jacob spent seven years in Moscow covering Russia's oil and gas industry for Dow Jones Newswires and The Wall Street Journal, followed by four years in Singapore covering energy markets for WSJ and Reuters. Specializes in security and geopolitics in the Arctic and Baltic Sea regions, as well as large corporates such as brewer Carlsberg and shipping group A.P. read moreīased in Copenhagen, Jacob oversees reporting from Denmark, Iceland, Greenland and the Faroe Islands. On Tuesday, Oslo said it would support SAS' debt-to-equity plan, under certain conditions, but did not plan to remain a long-term stakeholder. Still, it is a major creditor with 1.5 billion Norwegian crowns ($153 million) in loans made during the pandemic. Neighbouring Norway's government sold its remaining 10% stake in SAS in 2018, arguing there was no need for the state to own airline stocks. The country has said it wants to exit SAS completely in the long term. If the airline does raise new equity, this will reduce Sweden's stake. Stockholm said this month it would not provide new cash to SAS, though it approved the debt-for-equity plan. ![]() Sweden, which has already injected more than 8 billion Swedish crowns into SAS over recent decades, has taken a harder line on new financing. That may deter large investors and consortia that might have been interested in making sweeping changes at SAS, according to Sydbank analyst Jacob Pedersen. While the Danish government has promised to stay out of day-to-day business, it wants to protect its interests.ĭenmark wants "influence over the elements in SAS that are central to maintaining SAS' strong foothold in Denmark and contribution to Denmark's international accessibility," the finance ministry said this month. That could increase Copenhagen's stake in the airline to up to 30%.īut the government has made it a condition of the cash injection that SAS gets private investors to participate too. read more WHAT DOES DENMARK WANT?ĭenmark's parliament agreed this month to write off some of SAS' debt and convert some more into equity, as well as to inject new cash. On consumer review site Trustpilot, SAS is rated 1.5 out of five stars, just above Ryanair's 1.4.Īdding to SAS' trouble, some 1,000 SAS pilots in Denmark, Norway and Sweden plan to go on strike on June 29 over disagreements over wages and cost-cutting plans. The company has been in nearly constant financial trouble since the turn of the century, and last year lost 6.5 billion Swedish crowns ($638 million), with revenue just a third of pre-pandemic levels. ![]()
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