Scandinavian Airlines’ Focus on Cheap Fuel and Business Travel Brings It Profits
Photo Credit: SAS's new Business Class seat. SAS Airways
Skift Take
It's success building loyalty is one of the best signs here.
Scandinavian Airlines parent SAS AB returned to full-year profit as it benefited from lower fuel prices and a sharper focus on business travel, sending the stock to its biggest gain in 11 months.
Earnings before tax and nonrecurring items recovered to 1.17 billion kronor ($140 million) in the year ended Oct. 31, from a loss of 697 million kronor a year earlier, the Stockholm- based
