SAS Renegotiates Half Of Its Aircraft Leases, Projects Further Changes
Credit: Rob Finlayson
AMSTERDAM—SAS Scandinavian Airlines has renegotiated leases for 36 aircraft with 10 lessors in an effort to cut costs and move ahead with its SAS FORWARD restructuring plan. The company said the agreements put it “well on track” to achieving annual cost savings of up to SEK1 billion ($92 million)...
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