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SAS AB Initiates Long Haul Fleet Renewal Plan and Signs Memorandum of Understanding with Airbus for 12 New Aircraft
SAS AB announced that the Company and Airbus have signed a Memorandum of Understanding for the order of 12 new aircraft. The fleet plan has the flexibility to include considerable growth and will be financed by export credit financing and sale & leaseback. The list price of the order is estimated at USD 3.3 billion. SAS will order eight A350-900s with options for another six aircraft. Additionally, four A330-300s will be enhanced and seven A330/A340s will be upgraded.
Latest Developments for SAS AB
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- SAS AB Maintains FY 2012/2013 Result before Tax and EBIT Margin Guidance-Ritzau
- SAS AB Sells 80% Shares in Wideroe's Flyveselskap AS to Torghatten ASA, Fjord1 AS and Nordland Fylkeskommune
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