Despite still being loss-making and in bankruptcy protection, SAS Scandinavian Airlines is upbeat about its summer season performance.
The airline – the flag carrier for Sweden, Norway and Denmark – suffered a loss of nearly $139m for the second quarter of the year, but saw a year-on-year jump of 36% in passenger numbers to 5.4 million people and upped capacity, with 10 new routes flown. SAS said it is now looking forward to a busy summer season.
“We are pleased to see that the overall underlying demand for travel was healthy during the quarter, despite the wider economic uncertainties,” said SAS chief executive Anko van der Werff.
SAS was recently given approval to proceed with a share offering that would boost equity and funds for the troubled airline.
