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SAS AB (SAS.ST)

SAS.ST on Stockholm Stock Exchange

18.60SEK
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

SAS traffic up 7 pct in July
Tuesday, 8 Aug 2017 05:04am EDT 

Aug 8 (Reuters) - Sas Ab :Sas traffic figures july 2017.Sas ab says scheduled traffic (rpk) increased 6.7% and capacity (ask) was up 8.8%..Sas ab says load factor decreased by 1.7 p.u. Versus last year to 86.5%..Sas ab says preliminary currency adjusted yield increased 1% and pask decreased 1% in july 2017 versus. Last year..Sas ab says during may-july change in underlying yield/pask has been slightly positive when adjusting for increased stage length as well as impact from larger aircraft.Sas ab says during july, demand developed in line with previous months with stable traffic growth across sas's geographical regions.Sas ab says usd has gradually decreased versus sek, which will have a positive effect on sas's earnings.Sas ab says despite growing demand and a somewhat more stable yield development, yield/pask is at historically low levels and competition continues to be intensive.  Full Article

SAS says scheduled traffic were up 6.2 pct in June
Friday, 7 Jul 2017 05:00am EDT 

July 7 (Reuters) - Sas Ab says:: Scheduled traffic (RPK) increased 6.2 pct in June and the capacity (ASK) was up 7.1 pct.. The load factor decreased to 80.8 pct.. Scheduled number of passengers increased by 3.4 pct to 2.7 million passengers in June. . The preliminary currency adjusted yield was unchanged and the PASK was down 1 pct vs last year.. The nominal yield increased 3 pct and the nominal PASK increased 2 pct vs. last year..  Full Article

SAS Q2 pretax loss smaller than expected, repeats outlook
Wednesday, 21 Jun 2017 02:00am EDT 

June 21 (Reuters) - Sas Ab :Says outlook for full year 2016/2017 is retained.Sas ab says q2 income before tax and nonrecurring items: msek -259.Sas ab says q2 income before tax: msek -208.Sas ab says we are doubling our efficiency program target to sek 3 billion.Says despite market uncertainty and a weak start to the fiscal year, sas expects to be able to deliver a positive income before tax and nonrecurring items for the 2016/2017 fiscal year.Reuters poll: sas q2 pretax loss was seen at 357 million sek.  Full Article

Airline SAS traffic rises 8.0 pct in May
Thursday, 8 Jun 2017 05:00am EDT 

June 8 (Reuters) - SAS AB :SAS traffic figures - May 2017.Says scheduled traffic (RPK) increased 8.0%.Says load factor increased by 0.5 p.u. versus last year to 74.0%.Says preliminary currency adjusted yield was down 3% and PASK was down 2% in May 2017 versus Last year.Says nominal yield was unchanged and nominal PASK increased 1% versus last year.  Full Article

SAS April scheduled traffic rose 15.8 pct
Monday, 8 May 2017 05:00am EDT 

May 8 (Reuters) - SAS :Traffic figures April 2017.Scheduled traffic (RPK) increased 15.8 pct and the capacity (ASK) was up 6.6 pct.The load factor was positively affected by the timing of the Easter holiday and increased by 6.1 p.u. versus last year to 75.7 pct.SAS carried 2.4 million scheduled passengers in April, up 2.4 pct vs. last year.The preliminary currency adjusted yield and PASK were down 10 pct and 2 pct.The nominal yield was down 7 pct and the nominal PASK was up 1 pct.  Full Article

Airline SAS says finances seven Boeing 737
Friday, 28 Apr 2017 07:30am EDT 

April 28 (Reuters) - SAS AB :Says finances 7 Boeing 737.Says financing is undertaken through a so called Japanese Operating Lease with Call Option.Says value of transaction corresponds to MUSD 101 and cash has been transferred to SAS during Q2 2016/2017.Says transaction will not have any earnings impact.  Full Article

SAS March traffic up 10 pct, yield down 3 pct
Friday, 7 Apr 2017 05:00am EDT 

SAS AB : Sas traffic figures - march 2017 . Says scheduled traffic (rpk) increased 9.7% and capacity (ask) was up 12.2%. . Says load factor was affected by timing of easter holiday and decreased by 1.6 p.u. Versus last year to 69.8% . Says preliminary currency adjusted yield and pask were down 3% and 5% in march 2017 .Says although demand is growing, operating environment is more challenging, with yield at historically low levels.  Full Article

SAS sells two London Heathrow slot-pairs, $75 mln positive earnings impact
Monday, 27 Mar 2017 10:15am EDT 

Sas Ab : SAS. SAS has entered into a slot transaction at London Heathrow whereby two slot-pairs have been transferred. . The transaction will generate a positive earnings impact of the equivalent of MUSD 75 for SAS to be accounted for during the second quarter of the fiscal year 2016/2017 with a corresponding cash effect during the fiscal year 2016/2017 . SAS had before this transaction 19 daily slot-pairs at London Heathrow, which now will be reduced to 17 daily slot-pairs . As part of the transaction, it is agreed that SAS can continue to use these two slot-pairs for up to three years and maintain its present network .The intention is to maintain the seat capacity to/from London Heathrow through the use of larger aircraft on remaining departures.  Full Article

Kuehne und Nagel and SAS extend logistics partnership
Thursday, 9 Mar 2017 11:40am EST 

Kuehne und Nagel International AG : SAS and Kuehne + Nagel extend their successful logistics partnership .Contract prolonged until 2020.  Full Article

SAS scheduled traffic rose 13 pct in February
Wednesday, 8 Mar 2017 02:01am EST 

SAS : SAS traffic figures February 2017 . Says scheduled traffic (RPK) increased 13 pct and capacity (ASK) was up 5 pct, despite leap year in February 2016 . SAS February load factor improved by 4.8 p.u. versus last year to 67.9 pct . Says preliminary currency adjusted yield and pask were down 8 pct and 1 pct in February 2017 . Says although demand is growing, operating environment is more challenging, with yield at historically low levels . In fiscal year 2016/2017, SAS’s total capacity growth (ASK) will amount to 6-8 pct .The number of flights is expected to increase by about 2 pct.  Full Article

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Swedish government seeking buyers for SAS stake: Affarsvarlden magazine

STOCKHOLM The Swedish government is seeking buyers for its holding in airline SAS , business magazine Affarsvarlden reported on Wednesday, citing unidentified sources.