30/06/2016

SAS needs to continue reforms to counter losses

Ignoring the non-recurring revenue and cost items, SAS posted losses in both the quarters of the first half of FY 2015/16. SAS needs to improve its capacity utilization especially on intercontinental routes this summer in-order to post a profit for the full year. The carrier has improved its bottom line through concerted restructuring efforts but needs to continue with its reforms as it still faces strong competition from low-cost carriers.

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