SAS profit tumbles 41% in half as demand slows
Article Abstract:
Scandinavian Airlines System (SAS) reported an fall of 41% in its pretax profits for the first-half of 1999. The carrier posted 495 million kronor (56.1 million euros) during the period. During the same period in 1998, SAS posted 837 million kronor. The carrier stated that its pretax profits for the entire 1999 year will be much lower than its 1998 levels. SAS attributed this to ongoing slow growth in demand.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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SAS's pretax profit dropped by 83% in second quarter
Article Abstract:
SAS AB posted a decline of 83% in its pretax profits for the 2001 second-quarter. The company posted 180 million Swedish kronor (19.7 million euros) in pretax profits for the period.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Unfavorable climate sinks profit 35% at Scandinavian Air
Article Abstract:
Scandinavian Airlines System's pretax profits declined by 35% for the 1999 year. The carrier posted 1.85 billion Swedish kronor (217.2 million euros) in pretax profits for the year.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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