Published: 12 Nov 12 17:33 CET | Print version
Online: http://www.thelocal.se/44382/20121112/
Aviation experts doubt a massive savings plan announced on Monday by Scandinavian airline SAS can save the company, with one analyst forecasting the airline would cease to exist within 12 months.
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There are those on these forums who argue that the Swedish government ought to buy even more worthless shares in all sorts of even more useless companies - Saab for example. One hopes those people will now have the wisdom, the dignity and the good grace, to shut up.
SAS has had over 10 years to see the writings on the wall and failed to adapt. Part of the management of the airline is the responsibility of the Swedish government, they in turn should resign for their failings and creating further unemployment.
As with SAAB they will neglect they responsibilities and continue with their road to ruin. The airline will probably be sold off with certain moderate politian's making money from the sale as they did with SAAB.
As djmarko quoted, get rid of the management get someone who can do the job and turn this thing around. If Ryanair and Norwegian who have the wisdom to do it, why can't others.