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    Positive earnings and favorable traffic growth despite continued intense competition – however, greater challenges ahead.
    Rickard Gustafson, President and CEO
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    SAS JOINS GREEN HYDROGEN PARTNERSHIP IN NORTHWEST EUROPE

    Today, SAS joins a collaboration between Danish green hydrogen producers and Dutch industrial markets, in the presence of His Majesty the King Willem-Alexander of the Netherlands, His Majesty King Frederik of Denmark, Dutch Deputy Prime Minister and Minister for Climate Policy and Green Growth Sophie Hermans, and Danish Minister for Climate, Energy and Utilities, Lars Aagaard.The partnership was formalized by signing a declaration at the Dutch-Danish Forum on hydrogen cooperation at the premises of Danish Industry. This cross-country initiative aims to establish Northwest Europe’s

    Here are the new travel favorites of SAS EuroBonus members

    Since joining SkyTeam on September 1 this year, SAS has seen travelers selecting different destinations, a shift driven by the opportunities offered through the new alliance. With access to SkyTeam’s 13 partner airlines, including KLM, Air France, and Vietnam Airlines, reward bookings now include destinations such as Ho Chi Minh City, Cancun, Miami, Zanzibar, and Los Angeles.The new alliance has opened up different travel opportunities, leading to changes in travel patterns. EuroBonus members are increasingly booking trips to destinations like Patagonia, French Guiana, and various islands

    SAS achieves landmark IATA IEnvA assessment certification

    SAS has received official approval of its IEnvA Assessment Report, marking a significant milestone in the company’s commitment to environmental sustainability.As the aviation industry faces growing concerns regarding its environmental footprint, SAS leads in sustainable practices, continuously updating its Environmental Management System to align with industry standards. This achievement not only highlights SAS leadership in environmental stewardship but also serves as a model for others in the industry.  “SAS is the first airline within the SkyTeam alliance to receive the IATA IEnvA

    SAS recognized for customer-centric excellence with Five Star rating at 2025 APEX Awards

    Travelers have once again placed Scandinavian Airlines (SAS) among the world’s best, awarding the airline a Five Star rating in the 2025 APEX global customer rankings. This recognition, based on nearly one million passenger reviews of 600 airlines worldwide, reflects SAS' dedication to delivering outstanding travel experiences putting passengers first.Passengers reward SAS for quality and comfort SAS has achieved a notable rise in rankings this year, securing a position among the top 30 airlines worldwide based on customer votes. This places SAS in the top 7% of airlines rated globally.

    SAS takes off in first-ever SkyTeam Aviation Challenge with historic Polar Route flight

    SAS is announcing its first-ever participation in The Aviation Challenge (TAC), presented by SkyTeam, featuring a selected historic route from Copenhagen (CPH) to Los Angeles (LAX), that just left Copenhagen today, October 24 at 12:10PM.A history of innovation: From the North Pole to the Aviation Challenge  For decades, SAS has been at the forefront of driving sustainability in aviation. From building a more efficient fleet of aircraft and optimizing the use of resources, to the introduction and use of sustainable aviation fuel (SAF), SAS has explored new ways to reduce its carbon

    SAS starts flying to Nuuk in Greenland

    SAS is excited to unveil a highly anticipated new route for summer 2025. Starting June 27, SAS will offer direct flights from Copenhagen to Nuuk, Greenland, enhancing connectivity to this unique Arctic destination.The new route aligns with the opening of Nuuk’s international airport later this year, marking SAS’ return to Greenland after more than two decades. The initiative strengthens travel connections to and from Greenland and SAS destinations worldwide.  Through its existing commercial agreement with their partner Air Greenland, SAS connects Greenland to its broader network,

    SAS and Scandic enter strategic partnership to enhance customer experience and loyalty benefits

    Two of the Nordic region's leading players in the travel industry, Scandic and SAS, have signed a strategic and commercial partnership agreement, aimed at offering unique and exclusive benefits to their loyalty members. Through this collaboration, the member benefits will become available starting in the first quarter of 2025. The collaboration between SAS and Scandic Hotels, two Nordic travel giants, is named "Friends with benefits" to highlight the strong, mutually rewarding relationship between both brands and their customers. The name captures how SAS EuroBonus members and Scandic

    SCANDINAVIAN AIRLINES, SAS, AND VIRGIN ATLANTIC ANNOUNCE CODESHARE PARTNERSHIP

    · Codeshare between the two SkyTeam carriers will be launched on October 7[th].   · The partnership will introduce exciting new destinations, including Barbados, Antigua and Jamaica.SAS and Virgin Atlantic are delighted to announce a new codeshare agreement, strengthening vital business and leisure connections to and from Scandinavia.     The codeshare partnership, launching on October 7th, will allow SAS customers to connect via Heathrow to additional Virgin Atlantic’s destinations, with availability expanding as approvals are finalized. Virgin Atlantic customers travelling on

    SAS welcomes Peter Cabello Holmberg as new Chief Information Officer

    SAS announces today the appointment of Peter Cabello Holmberg as new Chief Information Officer (CIO). Peter Cabello Holmberg will be responsible for leading SAS’s digital transformation agenda, focusing on advancing digital solutions, enhancing operational efficiency, and driving innovation to support the airline's future growth.Recently nominated as Denmark’s CIO of the Year, Peter is a distinguished technology leader with an impressive track record in steering global digital and IT transformations, building modern tech infrastructures, managing ERP systems, and optimizing IT operations.

    SAS HAS SIGNED A CODESHARE AGREEMENT WITH DELTA, LAUNCHING ENHANCED PARTNERSHIP AS SAS JOINS SKYTEAM

    Agreement to boost connectivity between North America and Scandinavia, offering customers greater choice.SAS (Scandinavian Airlines System), the flag carrier of Denmark, Norway, and Sweden, and Delta have signed a codeshare agreement effective Sept. 25, 2024. This agreement comes as SAS joined SkyTeam on Sept.1. The codeshare agreement will improve connection opportunities for customers flying between North America and Scandinavia and will offer reciprocal codeshare and frequent flyer benefits including the ability to earn and redeem SkyMiles or SAS EuroBonus points across both carriers.

    SAS is building a global hub in Scandinavia

    SAS announces an extensive expansion from Copenhagen starting with the summer traffic program for 2025, positioning the main hub as a key international gateway to and from Scandinavia and Northern Europe.Today, SAS presents 15 new routes from Copenhagen, including a new long-haul route to Seattle. Adding several new direct flights from Copenhagen to popular European and Intercontinental destinations will support greater growth for both SAS and all of Scandinavia as a global hub. Copenhagen Hub Expansion The new routes introduced in the summer schedule are Krakow, Madrid, Budapest,

    SAS opens route to Seattle

    To meet the growing demand for travel to the U.S., SAS is introducing a route to Seattle, offering five weekly direct flights from Copenhagen as part of its summer 2025 schedule. This marks a milestone, as SAS resumes service between the two cities 57 years after its inaugural flight.With Seattle added to the network, SAS will offer nonstop flights to 11 North American gateways, further enhancing its global connectivity from Copenhagen Airport, serving as a key international gateway to and from Scandinavia and Northern Europe. “We are excited to expand our North American network with

    SAS and BRA sign long-term partnership to strengthen domestic connectivity in Sweden

    Scandinavian Airlines (SAS) and Braathens Regional Airways AB (BRA) are pleased to announce the signing of a long-term wet lease partnership aimed at securing reliable and efficient domestic air connectivity within Sweden.Under the terms of the wet lease agreement, BRA will operate several aircraft on behalf of SAS, providing capacity on key domestic routes in Sweden as well as feeding into the Copenhagen hub. The partnership will ensure SAS’s ability to meet domestic demand while optimizing operations and improving regional air services across the region, ensuring greater connectivity and

    SAS OFFICIALLY JOINS SKYTEAM GLOBAL AIRLINE ALLIANCE

    SkyTeam will now serve the southernmost and northernmost commercial airports in the world.SAS has officially joined the SkyTeam global airline alliance today, marking a major milestone for the airline and elevating SkyTeam's global network to new heights. By joining SkyTeam, SAS contributes to the alliance’s strategic focus on operational synergies and sustainability. SAS customers will also benefit from seamless connectivity to over 1,060 destinations in SkyTeam’s extensive global network, notably opening new opportunities in regions such as Africa, Latin America, and the Caribbean.

    SAS announces designated Board of Directors

    The new principal investors in SAS, Castlelake, Air France-KLM, Lind Invest and the Danish State, have agreed to appoint a new Board of Directors for the reorganized company, which will be led by Kåre Schultz as Chairman. The designated Board of Directors will be appointed at an extraordinary general meeting on September 11, 2024, and SAS’ current Board of Directors, led by Carsten Dilling as Chairman, will remain in place until then.Kåre Schultz, designated new Chairman of the Board of SAS, comments:“The designated new Board of SAS gathers an impressive and diverse set of individuals

    SAS enters a new era as Scandinavia’s leading airline following successful emergence from restructuring proceedings

    SAS announces that the company has successfully completed its restructuring proceedings and emerged from chapter 11 in the US and from Swedish company reorganization, concluding in the investment of USD 1.2 billion. This marks the start of a new era for SAS. The company emerges as a competitive and financially robust airline with a strengthened capital structure, a highly dedicated and experienced management team, a commitment to drive transformational change and sustainability in aviation, and an attractive new customer offering together with the global airline alliance SkyTeam. The new

    SAS reaches agreement with Norwegian cabin crew unions

    SAS and the Norwegian cabin unions, NKF and SNK, have this morning reached an agreement on new collective bargaining agreements.SAS and the Norwegian cabin unions have now concluded mediation and come to an agreement. During the four-day strike a limited number of flights were affected primarily in Norway. By tomorrow SAS expects the traffic program to be back to its normal operations. - I am very pleased to report that we now have come to an agreement. Finally, we can resume normal operations and fly our customers to their desired destinations and continue our important work going

    CABIN CREW ASSOCIATIONS IN SAS NORWAY, NKF AND SNK, HAVE CHOSEN TO GO ON STRIKE

    After two days of mediation by the National Mediator’s office, SAS has unfortunately not reached an agreement with the two Cabin Crew Associations in Norway, NKF and SNK, and they have chosen to strike as of this morning, August 23. It is SAS’ ambition to return to mediation so that we can reach a solution as soon as possible. The negotiations are part of a planned Collective Bargaining Agreement (CBA) renewal.Our priority right now is to minimize disruptions to our traffic program and support our customers with rebookings and information.  While a limited number of flights are impacted

    SAS announces last day of trading in its common shares and commercial hybrids bonds, and confirms previously announced record date

    SAS AB (publ) (the “Company”) announces that the last day of trading in its existing common shares on Nasdaq Stockholm, Nasdaq Copenhagen and Oslo Børs (the “Exchanges”), and the last day of trading in its listed commercial hybrid bonds on Nasdaq Stockholm, will occur tomorrow, August 13, 2024. Accordingly, the Company also confirms that the distribution record date for holders of the Company’s listed commercial hybrid bonds under the plan of reorganization (the “Reorganization Plan”) in the Company’s company reorganization proceeding in Sweden (Sw. företagsrekonstruktion) is August 15, 2024,

    SAS Traffic figures – July 2024

    2.5 million passengers traveled with SAS during July2.5 million passengers traveled with SAS in July, a 5 percent increase compared with the same month last year. SAS’ capacity increased by 4 percent and RPK increased by 6 percent, compared with July 2023. The flown load factor for July was 87 percent. “We are pleased to see a continued increase in passenger volumes and a regularity rate of 99.3 percent in July. The load factor exceeded 87 percent, which marks one of SAS’ best months historically in terms of load factor. This month, we also announced broad partnership agreements with our

    SAS announces update regarding record date for holders of commercial hybrid bonds

    SAS AB (publ) (the “Company”) announces that the new distribution record date for holders of the Company’s listed commercial hybrid bonds under the plan of reorganization (the “Reorganization Plan”) in the Company’s company reorganization proceeding in Sweden (Sw. företagsrekonstruktion) is expected to be Thursday August 15, 2024.On July 25, 2024, the Company announced that it, for practical reasons, had agreed with Intertrust (Sweden) AB (“Intertrust”), in its capacity as agent under the Company’s listed commercial hybrid bonds, to postpone the record date on which holders of the

    SAS files monthly operating reports with U.S. court and announces certain financial information for the Group

    SAS AB (“SAS” or the “Company”) and each of its subsidiaries that are subject to the voluntary chapter 11 process in the U.S. will shortly file monthly operating reports, containing certain financial information for the period of November 1, 2023 to June 30, 2024 with the U.S. Bankruptcy Court for the Southern District of New York (the “Court”). All SAS companies that are subject to the voluntary chapter 11 process are each required to file operating reports with the Court on a monthly basis. The financial information contained in the monthly operating reports includes items such as cash

    Change of record date for holders of SAS AB’s commercial hybrid bonds

    On July 19, 2024, SAS AB (publ) (the “Company”) announced via a press release that the Stockholm District Court had confirmed the Company’s plan of reorganization (the “Reorganization Plan”) in its company reorganization proceeding in Sweden (Sw. företagsrekonstruktion). The press release included information stating that holders of the Company’s listed commercial hybrid bonds must be holders of such bonds as of Friday, July 26, 2024 (the “Record Date”) to be entitled to receive distributions under the Reorganization Plan. For practical reasons, the Company has agreed with Intertrust (

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