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SAS unveils massive cost-cutting bid

The Local
post 12.Nov.2012, 08:27 AM
Post #1
Location: Stockholm
Joined: 22.Dec.2004

Scandinavian airline SAS announced plans on Monday to slash 3 billion kronor ($445 million) in costs, with at least 800 jobs to be cut in what the company's CEO has labelled "the final call" for the troubled airline.

The airline announced on Monday that ground service and a Norwegian subsidiary will be sold, following a crisis meeting over the weekend.

Furthermore, 800 jobs at the airline will be slashed, according to the TT news agency, and negotiations have already begun for salary reductions.

"The Board has given its unanimous support to this plan and recommends that all of the company's employees support it as well," SAS wrote in a statement.

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B Slick
post 12.Nov.2012, 10:29 AM
Post #2
Joined: 18.Oct.2011

Yes, massive cost cutting but that does NOT mean cutting the pay to the gang who sit in the SAS head office. I have flown on SAS but never booked directly with them because there pricing is not just a little more than the other airlines, there prices are SKY HIGH! So lets just let SAS go broke and stop pumping fresh blood into a dead body!
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post 12.Nov.2012, 11:30 AM
Post #3
Joined: 2.Mar.2008

typical moronic response from the SAS management team- those are the guys and gals who need to be FIRED for mis-managing the airline, not letting go of the 800 useful staff. The solution to SAS's cashflow problem is so SIMPLE a 10 year old could point it out. Your short haul european lights are WAY WAY too expensive (with London route as an exception) Offer competitive (not 1980s!) pricing structre. During May to September SAS flights for example between Dublin-Stockholm for example is on average 2500kr one way, and in July it goes up to 5000kr one way! You can fly London to Sydney for that! Fix your pricing and return to profit, otherwise cease to exist!
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post 12.Nov.2012, 01:57 PM
Post #4
Joined: 26.Jul.2011

SAS is trying to compete on an international market with scandinavian prices, won`t work.
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post 13.Nov.2012, 03:50 PM
Post #5
Joined: 13.Nov.2012

Having worked at SAS technical site in Stockholm for years now on the shop floor,the amount of staff upstairs going into offices is criminal.Totally top heavy all with their pc's etc etc.The is a total shortage of Maintenance staff for the amount of aircraft operated,it's quite staggering to watch how many personal are going into work in the offices.Managers have managers to manage other managers.The whole system needs revamping seriously,as in my opinion sooner or later the will be accidents on the mechanical side due to lack of maintenance staff having to cut corners.The standard of Maintenance is high,but this problem of top heavy office staff just doesn't start and finish with Stockholm,it's down at Copenhagen and Oslo.
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