Collective agreements with Swedish and Danish cabin unions for 2003

Collective agreements with Swedish and Danish cabin unions for 2003 SAS has reached agreement with the Swedish cabin unions and the Danish cabin union regarding collective agreements for 2003. The agreements, which are a requirement for the complete implementation of Plan C, include the possibility of increased productivity per employee, as well as a wage freeze during 2003. The rules regarding 3-2-2 crewing on Scandinavian Airlines' intercontinental routes will cease to apply from March 1, 2004. A successive transition solution will be employed, meaning that Scandinavian Airlines will man its intercontinental routes on the basis of needs and prevailing production conditions. "I am satisfied that, after long and often intensive negotiations, we now have collective agreements with two of the three countries' cabin unions," says Sören Belin, Executive Vice President & COO Scandinavian Airlines. For further information, contact: Sören Belin, Executive Vice President & COO Scandinavian Airlines, +46 8 797 5004 COMMUNICATION DEPARTMENT SCANDINAVIAN AIRLINES ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/06/10/20030610BIT01070/wkr0001.doc http://www.waymaker.net/bitonline/2003/06/10/20030610BIT01070/wkr0002.pdf