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SAS: cabin crew in Norway threaten to strike from 8 August

SAS cabin crew in Norway have rejected a proposed pay deal; unions Fellesforbundet and Parat said they will go on strike from 8 August if no new agreement is reached by then. Fellesforbundet said 468 employees will walk out and criticized that staff have fallen behind in wage developments. SAS said it was disappointed by the vote and wants to start new negotiations as soon as possible. The last Norwegian cabin crew strike lasted four days in August 2024. » More on de.investing.com
SAS chief Anko van der Werff is frontrunner for CEO post at Air Canada

According to Bloomberg, Anko van der Werff is considered the leading candidate to succeed Michael Rousseau at Air Canada. Van der Werff successfully steered SAS through insolvency and brings extensive airline experience, including leadership roles at Avianca, Aeromexico, Qatar Airways and Air France-KLM. His limited French could raise political concerns in Quebec, while Air Canada continues to struggle with suspended financial guidance, high jet fuel costs and a share price below pre-crisis levels. An official appointment would likely act as a short-term catalyst for the stock by providing clarity on leadership and possible re-evaluations of the financial strategy. » More on de.investing.com
SAS orders 18 Airbus A330-900s for fleet renewal and route expansion

The Scandinavian airline SAS has placed a firm order for 18 wide-body A330-900 aircraft from the A330neo family. The long-haul jets are intended for fleet renewal and should enable SAS to expand existing high-capacity routes and introduce new international connections. » More on finanzen.net

Historical dividends Dividends

All dividend metrics All metrics

In 2016, SAS AB has already paid €0.14 in dividends. The last payout was in February 2016.

Financials

In the last year, SAS AB had revenue of €3.56bn and net profit of -€482.32m

(EUR)	2023	YoY
Revenue	3.56bn	21.90%
Gross profit	424.37m	121.98%
Net profit	-482.32m	25.36%
EBITDA	217m	270.03%

Fundamentals

Metric	Value
Market capitalization	€11.8m
Number of shares	44.14bn
52-week high/low	€0.0389 - €0.000134
Dividends	No
Beta	1.05
P/E ratio	0.00
PEG ratio	0.00
P/B ratio	0.00
P/S ratio	0.00

Company profile

SAS AB (publ), together with its subsidiaries, provides passenger flight transportation services in the Nordic and international route network. The company also offers air cargo services, in-flight sales, ground handling, and technical maintenance services, as well as travel-related loyalty programs. It operates a fleet of 135 aircraft, including 12 long-haul aircraft, 95 short-haul aircraft, and 28 aircraft flown by regional production partners. The company was founded in 1946 and is headquartered in Stockholm, Sweden.