SAS cancels 1,700 flights due to pilot strike, late aircraft deliveries

SAS cancels 1,700 flights due to pilot strike, late aircraft deliveries

STOCKHOLM, Aug 19 (Reuters) - Scandinavian airline SAS has suspended 1,700 flights in the coming months due partly to a two-week pilot strike in July over collective agreements and delayed aircraft deliveries. SAS, whose biggest owners are Sweden and Denmark, grounded some 3,700 flights during the crippling strike which the airline said put the carrier's future in doubt. SAS said on Friday 1,700 flights, roughly 4% of the total number of flights, had been cancelled in September and October. Travellers had been informed and re-booked to other flights, it said. "It is the effects from the strike but also delayed…
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SAS pilots support wage deal, won’t resume strike

SAS pilots support wage deal, won’t resume strike

STOCKHOLM, Aug 6 (Reuters) - Swedish, Danish and Norwegian pilot union members have voted to adopt a collective bargaining agreement reached with airline SAS SAS.ST last month, and will thus not resume their strike, the labour unions said on Saturday. SAS grounded some 3,700 flights during a crippling 15-day strike in July.  In Denmark, 93% of pilot union members voted in favour of the deal. "I am incredibly happy about the great support for the agreement, not least when we have been through such a long and tough conflict," said Henrik Thyregod, chairman of the Danish pilots union. "The members have clearly understood the…
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SAS lands deal with pilots’ unions, ending 15-day strike

SAS lands deal with pilots’ unions, ending 15-day strike

COPENHAGEN/STOCKHOLM, (Reuters) - SAS and pilot unions have reached a wage deal, the Scandinavian airline confirmed on Tuesday, ending a 15-day strike over a new collective bargaining agreement that had grounded 3,700 flights and put the carrier's future in doubt. Shares in SAS jumped 12% in early morning trade, but then steadied and were up around 4% at 1223 GMT. They are still down about 40% since the beginning of the year. The airline, which filed for U.S. bankruptcy protection on the second day of the strike, said the industrial action had cost it more than $145 million to date…
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SAS and pilots negotiate around the clock, seeking end crippling strike

SAS and pilots negotiate around the clock, seeking end crippling strike

STOCKHOLM, July 17 (Reuters) - Ailing airline SAS SAS.ST and pilot unions continued talks over new collective agreements on Sunday after negotiations through the night, a union representative told reporters as the strike entered its 14th day. Most SAS pilots in Sweden, Denmark and Norway walked out on July 4 after talks over conditions related to the Scandinavian carrier's rescue plan collapsed. The parties returned to the negotiating table in the Swedish capital on Wednesday. "We have been at it tonight and we continue," Norwegian pilot union representative Roger Klokset said while on a break. Klokset said parties may have come closer to a…
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SAS says pilot strike has so far cost $123 million

SAS says pilot strike has so far cost $123 million

COPENHAGEN, July 14 (Reuters) - Airline SAS  said on Thursday a pilot strike has cost as much as 1.3 billion Swedish crowns ($122.5 million) so far, and that the strike might jeopardize the firm's ability to secure additional financing. SAS  and unions were locked in more talks on Thursday to end a pilots' strike over conditions related to the Scandinavian carrier's rescue plan and which has kept most of its planes grounded for 11 days at the peak of the holiday season. The parties resumed collective bargaining talks on Wednesday after negotiations broke down on July 4. But they have to yet…
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SAS flights cancelled as pilot strike deepens airline’s troubles

SAS flights cancelled as pilot strike deepens airline’s troubles

STOCKHOLM, July 7 (Reuters) - Hundreds of SAS  flights were cancelled on Thursday as the airline wrestled with a strike by pilots at its main SAS Scandinavia arm, overshadowing a traffic surge during June. Talks between the airline and pilots over a new collective bargaining agreement collapsed on Monday, prompting a strike which adds to travel chaos in Europe and deepens the financial crisis at SAS, which estimated it would ground half its flights. The troubled airline, whose biggest owners are the Swedish and the Danish states, filed for Chapter 11 bankruptcy protection in the United States on Tuesday. The first hearing was…
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63% of SAS flights cancelled on Wednesday

63% of SAS flights cancelled on Wednesday

STOCKHOLM, July 6 (Reuters) - Scandinavian airline SAS  headed into the third day of a crippling pilot strike, cancelling well over half its flights on Wednesday, as it geared up for the first court date in its bankruptcy proceedings later in the week. The carrier, whose biggest owners are the Swedish and the Danish states, filed for bankruptcy protection in the United States on Tuesday to help cut debt while warning a strike among its pilots had deepened its financial crisis.  Talks between SAS and pilots in its main SAS Scandinavia arm over new collective bargaining agreement collapsed on Monday, triggering a…
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Airline SAS clashes with striking pilots over U.S. bankruptcy filing

Airline SAS clashes with striking pilots over U.S. bankruptcy filing

STOCKHOLM, July 5 (Reuters) - Scandinavian airline SAS SAS.ST has filed for bankruptcy protection in the United States to help cut debt, it said on Tuesday, piling pressure on striking pilots it blames for deepening its financial woes and sending its shares down 10%. Wage talks between SAS and its pilots collapsed on Monday, triggering a strike that adds to travel chaos across Europe as the peak summer travel season shifts into full gear.  Chief Executive Anko van der Werff said the strike had accelerated its decision to file for Chapter 11 status. But the negotiator for SAS' Danish pilots said the scope of…
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UPDATED: SAS warns survival at stake as pilots strike over wages

UPDATED: SAS warns survival at stake as pilots strike over wages

STOCKHOLM, July 4 (Reuters) - Wage talks between Scandinavian airline SAS  and its pilots collapsed on Monday, triggering a strike that puts the future of the carrier at risk as the summer vacation period begins. After months of acrimony between employers and unions across Europe, the action is the first major airline strike to hit when the industry is seeking to capitalise on the first full rebound in leisure travel following the pandemic. "This is very bad news," SAS CEO Anko van der Werff told reporters. A strike could cost SAS some 80 million to 90 million Danish crowns ($11.2 million-$12.6 million) per…
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SAS and its pilots extend wage talks until Monday

SAS and its pilots extend wage talks until Monday

STOCKHOLM, July 2 (Reuters) - Scandinavian airline SAS and its pilots have agreed to extend their wage talks until Monday in the hope of averting a strike, a company executive told reporters on Saturday. Close to 1,000 pilots in Denmark, Sweden and Norway plan to strike if talks break down, according to the unions, which SAS had said could leave some 30,000 passengers stranded each day.  "We need to sleep, none of us have slept for a really long time," SAS' lead negotiator Marianne Hernaes told reporters after the latest round of talks which ran through the night. A strike would comes at a…
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Danish government aims to own 22-30% stake in SAS, finance minister says

Danish government aims to own 22-30% stake in SAS, finance minister says

COPENHAGEN, June 10 (Reuters) - Denmark is willing to forgive debt owed by loss-making airline SAS SAS.ST and also to inject more capital together with private investors, Finance Minister Nicolai Wammen said on Friday. Denmark could raise its stake to between 22% and 30% from today's 21.8% in order to help secure the carrier's future, he said.
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SAS pilots warns of potential strike from June 24

SAS pilots warns of potential strike from June 24

COPENHAGEN, June 9 (Reuters) - The Danish Pilot Union said on Thursday some 1,000 SAS SAS.ST pilots from Denmark, Norway and Sweden could go on strike from June 24 if they fail to reach a wage agreement with the Nordic airline. (Reporting by Stine Jacobsen, editing by Terje Solsvik)
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Lufthansa to suspend flights to Kyiv, Odessa from Monday, SAS cancels Oslo-Kyiv flight

Lufthansa to suspend flights to Kyiv, Odessa from Monday, SAS cancels Oslo-Kyiv flight

Germany's Lufthansa group is suspending flights to and from the Ukrainian cities of Kyiv and Odessa, a spokesperson said amid growing fears of a possible Russian invasion. The company, which owns Germany's flagship carrier as well as Eurowings, Swiss, Brussels and Austrian Airlines, will conduct some last flights to those cities over the weekend before suspending flights from Monday until the end of the month, the spokesperson said. It will continue to fly to the city of Lviv in western Ukraine where some countries have moved their embassies, the spokesperson said. Lufthansa is constantly monitoring the situation and will decide…
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Airline SAS gets $361 million loan guarantee from Denmark, Sweden

Airline SAS gets $361 million loan guarantee from Denmark, Sweden

Sweden and Denmark said they had agreed to offer ailing airline SAS, in which both countries own stakes, a 3 billion Swedish crown ($361 million) loan guarantee. The COVID-19 pandemic has seen air travel collapse, plunging the industry into crisis and leaving carriers scrambling to secure funds to weather the slump. SAS said the credit line should be seen as a complement to other ongoing activities to cut costs and strengthen liquidity. “Market conditions also make it difficult to predict how demand will develop ahead of the important summer season given that customers are increasingly choosing to book their trips…
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Airline SAS losses widen as pandemic curbs

Airline SAS losses widen as pandemic curbs

Swedish-Danish airline SAS said on Thursday it still expected demand to return to more normalized levels next year after it reported a larger first-quarter loss due to the withering impact on air travel from the pandemic. The spread of COVID-19 and related restrictions have seen air travel collapse over the past year, plunging the global airline industry into crisis and leaving carriers scrambling to secure funds to weather the slump. SAS completed a capital raise in late 2020 after a year of deep losses and is preparing for more of the same in 2021 although the roll-out of vaccines could…
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Norwegian Air, SAS to add more flights as demand picks up

Norwegian Air, SAS to add more flights as demand picks up

Norwegian Air and SAS are adding more flights to their schedules from July onwards as demand begins to recover following the COVID-19 pandemic, the two Nordic carriers announced. SAS will use 40 of its aircraft in July, up from 30 in June, as it adds flights from the Nordics to Spain, Italy and Portugal among others. That is still only around 30% of last year's level. "As restrictions and inbound travel rules are relaxed, we are seeing a rise in demand for travel," SAS said in a statement. Norwegian will resume flights between Copenhagen and the Danish city of Aalborg…
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SAS reopens routes to Germany, Belgium, Iceland, Faroe Islands, Lithuania, Spain, France, Greece, Croatia

SAS reopens routes to Germany, Belgium, Iceland, Faroe Islands, Lithuania, Spain, France, Greece, Croatia

Scandinavia Airlines (SAS) has announced that it reopened 16 routes from Copenhagen To Germany, Belgium, Iceland, Faroe Islands, Lithuania, Spain, France, Greece and Croatia The airline also said that it will reopen some routes from Stockholm And Oslo. At the end of June, SAS resumes traffic from Stockholm to a number of Mediterranean destinations: Palma in Spain, Nice in France, and Athens and Thessaloniki in Greece. In Sweden, SAS is now resuming routes to Visby and Östersund. In Norway, SAS is adding a route to Split in Croatia and slightly increasing the frequencies on domestic routes. Read more via SAS
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Photostory: SAS pilots strike ends

Photostory: SAS pilots strike ends

President and CEO of Scandinavian Airlines (SAS) Rickard Gustafson speaks during a press conference at the company's headquarters in Frosundavik, Stockholm, Sweden. After a seven-day pilot strike in Sweden, Denmark and Norway SAS and the pilot unions representatives have reached an agreement. SAS had to cancel more than 700 flights scheduled for Thursday because of the strike.The pilots were seeking higher wages and other demands. Analysts estimate the stand-off over wages and other demands by pilots in Sweden, Norway and Denmark could have cost SAS as much as $10.5 million a day, threatening to wipe out the airline’s annual profit…
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SAS pilots strike enters seventh day

SAS pilots strike enters seventh day

Scandinavian airline SAS and unions are locked in mediation talks as a pilot strike that has grounded almost 400,000 passengers entered its seventh day on Thursday. SAS has cancelled more than 700 flights scheduled for Thursday. The pilots are seeking higher wages and have other demands. The aviation industry's employer body in Sweden has said pilots demanded a 13 percent wage hike, despite what it called already high average wages of 93,000 Swedish crowns a month. Analysts estimate the stand-off over wages and other demands by pilots in Sweden, Norway and Denmark could cost SAS as much as $10.5 million…
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More SAS flight cancellations for Monday, Tuesday due to pilot strike

More SAS flight cancellations for Monday, Tuesday due to pilot strike

Scandinavian airline SAS has canceled a further 1,213 flights for Monday and Tuesday after pilots began their strike on Friday. Mediators say there are no signs of fresh negotiations and differences remains wide. See the full SAS statement here SAS, the joint flag carrier of Denmark, Sweden and Norway, said a further 110,000 passengers would be affected by the cancellations on Monday and Tuesday after a pilot strike left 170,000 travelers stranded on the weekend. Unions representing some 1,500 striking pilots say they want compensation for wage cuts and other concessions made in 2012, when SAS nearly collapsed, as well…
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170,000 passengers disrupted as SAS pilots’ strike cancels 600 flights

170,000 passengers disrupted as SAS pilots’ strike cancels 600 flights

Scandinavian airline SAS cancelled nearly 600 flights scheduled for Sunday as a pilots' strike entered its second day, disrupting the travel plans of tens of thousands of passengers. SAS pilots went on strike on Friday as wage talks broke down, grounding around 70% of the airline's flights and hitting some 170,000 people over the weekend alone. "We deeply regret that our customers are affected by the ongoing pilot strike," SAS said in a statement on Saturday outlining its flight cancellations for the rest of the weekend. Via Euronews
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