• Sweden edition
 
FINANCIAL WOES AT SAS
SAS tickets still selling amid passenger concern

SAS tickets still selling amid passenger concern

Published: 13 Nov 2012 17:24 GMT+01:00
Updated: 13 Nov 2012 17:24 GMT+01:00

Travel agency Ticket announced on Tuesday that it had seen little difference in sales despite the savings plan launched by SAS on Monday.

“There have been no mass cancellations or a stop in sales. People are doubtful, but we’re still selling SAS tickets,” explained Martin Durnik of Ticket to the TT news agency.

However, the travel agency admitted that it had received a number of calls from concerned passengers who were fretting about the airline’s potential bankruptcy.

“There’s no general rule, it depends on what kind of ticket you’ve booked and how you’ve booked it. If it’s a packaged deal, you’re more protected,” he said.

“No one is saying that SAS is not going to continue flying,” he added.

After rumours of bankruptcy circulating for weeks, SAS announced on Monday that the company planned to slash 3 billion kronor ($445 million) in costs through salary reductions and other measures which include shedding nearly 6,000 jobs through divestments and staff cuts.

SAS CEO Rickard Gustafson dubbed the plan SAS's "final call" in avoiding bankruptcy.

Gustafson was in Copenhagen on Tuesday to discuss the company’s crisis plan; however Danish cabin staff chose to boycott the meeting.

The Danish staff members are expecting some 400 of the predicted job cuts to be solely in Denmark, stating that the company’s handling of the problems clashes with the Danish model.

TT/The Local/og

sweden" target="_blank">Follow The Local on Twitter

The Local (news@thelocal.se)

Your comments about this article

08:37 November 14, 2012 by Abe L
Naturally, for the business traveler there are no alternative options within Scandinavia. Sure, there are other airlines but these are simply not options. Internationally, the same problem, there are a handful of destinations where you can use other airlines but a transfer abroad will simply mean increased travel time and generally increased cost.

I sincerely hope that SAS makes it through the current hard times. It will be a significant blow to the Scandinavian economy as a whole if it where to disappear. Not for the airline disappearing but general connectivity to and from Scandinavia from the rest of the world. This will affect all businesses. SAS disappearing would also instantly mean that all relevant longhaul flights to Stockholm, Copenhagen and Oslo disappear.

I'm surprised that the various governments aren't stepping up their game to protect SAS better. The Scandinavian market is to small for the level of airline competition we see today, so instead of having a healthy large airline with proper connectivity and travel options for both business and leisure, we now have a number of non-profitable airlines trying to compete on to little business to be able to put down a proper product and proper connectivity.

As a very frequent traveler I'm not looking forward to find myself making more transfers in Amsterdam, Frankfurt or London (don't even bother with Paris) and their horribly congested airspace and incompetent airport staff.
10:22 November 14, 2012 by fikatid
I hope Lufthansa will buy out SAS, just like how they did with Swiss, which still operates like a separate company. That would be the best solution.
15:02 November 16, 2012 by nickknock
Sorry, SAS never did a good job serving their area. They did a horrible job acting as a unifying airline , for all of Scandinavia, including the growing Baltic market (half ass Baltic Air partnership). Missed opportunities and poor service came back to bite them.
Today's headlines

Waiting game for Social Democrats

Stefan Löfven, who has been tasked with forming Sweden's next government, is facing an anxious few days ahead of his next crucial meeting with Parliament's speaker on Friday. READ  

National
Northern Swedes wake up to September snow

Northern Swedes wake up to September snow

Summer has come to a definite end in Kiruna as residents of the northern town were greeted with a blanket of snow on Sunday morning. READ  

Elections 2014
Ex-Prime Minister: Sweden is falling apart
Former Swedish Prime Minister Göran Persson. Photo: Leo Sellén/TT

Ex-Prime Minister: Sweden is falling apart

Former Swedish Prime Minister Göran Persson has said that the election success of the Sweden Democrats is a "slap" in the face for the Stockholm establishment. READ  

National
Trio prosecuted for hate attack against Somalis
Somali nationals taking part in a demonstration against deportations in Stockholm. File photo:Björn Larsson Ask/SvD/ TT

Trio prosecuted for hate attack against Somalis

Three young men in southern Sweden suspected of attacking Somali refugees with stones and screaming "sieg heil" have been indicted on charges of racial agitation. READ  

National
Swedish airfares to get cheaper in 2015

Swedish airfares to get cheaper in 2015

Sweden is set to buck the European trend of rising air prices with fares expected to drop next year according to a new report. READ  

National
Swede's homemade submarine nets fortune
Eric Westerberg's homemade submarine Isabelle. Photo: PS.nu

Swede's homemade submarine nets fortune

A Swedish submarine enthusiast who spent over 3,500 hours making his own vessel has sold his prized possession for 705,000 kronor ($98,500) in an online auction. READ  

National
Cops reported for making 'Roma' comment

Cops reported for making 'Roma' comment

Police in northern Sweden have been reported to the Equality Ombudsman for describing a wanted suspect as having a "Roma appearance." READ  

Donald Duck and Zlatan get Swedish votes
A political career for Zlatan? Some fans seem to want to see that. Photo: Peter Dejong/TT

Donald Duck and Zlatan get Swedish votes

The Bilderberg Group, the Satanic Initiative and Adolf Hitler all received votes in Sweden’s general election, according to a list released by the country’s electoral authority. READ  

Sport
Stockholm fails bid to host Euro 2020 games
The Swedish team in action. Photo: TT

Stockholm fails bid to host Euro 2020 games

Sweden's capital has missed out on a chance to host any Euro 2020 games, with Copenhagen the only Scandinavian city among the thirteen winning locations. READ  

Vicar: God rejects fans of women priests
Antje Jackelén, Archbishop of Uppsala, is the first woman to head the Swedish church. Photo: Stig-Åke Jönsson/TT

Vicar: God rejects fans of women priests

A Swedish priest has been fired after telling his congregation that people who support female priests would be rejected by God - despite the fact that his own church is led by a woman. READ  

RECEIVE OUR NEWSLETTER AND ALERTS
The 'black gold' of Sweden's west coast.
National
West Sweden prepares for the 2014 lobster premiere
Society
What's on in Sweden
Politics
How Sweden Democrats went mainstream
Politics
Scandinavia and Scotland: closer links?
Gallery
Property of the week - Eskilstuna
Blog updates

20 September

How a Frog Can Save the Environment (Stockholm in my American Heart) »

"What we do we imagine when we think of children enjoying nature? Perhaps it’s fishing, marveling at lightning bugs on a muggy July day or blowing on the wispy petals of a dandelion to make a special wish. But perhaps most iconic of the playful innocence in childhood is hopping after and trying to catch..." READ »

 

19 September

Editor’s blog (The Local Sweden) »

"Happy Friday readers! It sure has been a exciting week in Sweden, where we’re set to get a new Prime Minister after Fredrik Reinfeldt stepped down following Sunday’s elections. The Local blogged live from the key political gatherings across Stockholm. Why not re-visit the action by taking a look at our photos, tweets, videos and analysis? Since the..." READ »

 
 
 
Sponsored Article
How to start a business in Stockholm
Society
How I became a surf blogger when I moved to Sweden
Gallery
People-watching: September 13th
Society
Why is Stockholm's Södermalm so cool?
Gallery
People-watching: September 11th
Gallery
People-watching: September 13th
Politics
Five possible election outcomes
Politics
Sweden elections: How do they work?
Politics
Sweden elections: Who's who?
Gallery
Property of the week - Hornstull, Stockholm
Analysis
Five differences between the UK and Sweden
Welshman Jonny Luck is now a chef in Sweden
Society
How I opened my own restaurant in Sweden's Malmö
Sponsored Article
Stockholm tech fest: relive the magic
Gallery
People-watching September 8th
Photo: TT
Politics
Feminists fight for first seats
Politics
Immigration cut push from Sweden Democrats
Sheryl Sandberg says women have "low expectations"
Tech
Facebook exec talks women's limits in Swedish business
Politics
Left Party calls for justice and equality
Politics
Green Party wants 'better world' for kids
Lifestyle
The five best Swedish songs of the month
Sponsored Article
Introducing… Insurance in Stockholm
Sponsored Article
Graduates: Insure your income in Sweden with AEA
Latest news from The Local in Austria

More news from Austria at thelocal.at

Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Germany

More news from Germany at thelocal.de

Latest news from The Local in Denmark

More news from Denmark at thelocal.dk

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

846
jobs available
Swedish Down Town Consulting & Productions
Swedish Down Town Consulting & Productions is an innovative business company which provides valuable assistance with the Swedish Authorities, Swedish language practice and general communications. Call 073-100 47 81 or visit:
www.swedishdowntown.com
PSD Media
PSD Media is marketing company that offers innovative solutions for online retailers. We provide modern solutions that help increase traffic and raise conversion. Visit our site at:
http://psdmedia.se
If you want to drink, that’s your business.
If you want to stop, we can help.

Learn more about English-language Alcoholics Anonymous in Sweden. No dues. No fees. Confidentiality assured.
AA-EUROPE.ORG/SWEDEN