Articles tagged “sas airlines”

Airlines

SAS CEO: European Airlines Desperately Need Consolidation

For now, SAS is focused on getting out of bankruptcy in clean financial shape, and hopes to be part of whatever larger European airline landscape emerges in coming years.

SAS CEO: European Airlines Desperately Need Consolidation

Airlines

Scandinavian Airlines Hit by Cyber Attack

A bankruptcy filing, striking pilots and now this cyber attack, could things get any worse for SAS?

Scandinavian Airlines Hit by Cyber Attack

Airlines

SAS Restarts Talks With Pilot Unions to Secure New Pay Deal

A one-day strike has already hit the airline by up to $123 million, as the 2,550 flight cancellations affected 270,000 passengers. Unions have the upper hand, so we may see a breakthrough today.

Hotels

Margaritaville’s Hotel Empire and Other Top Stories This Week

In Skift's top stories this week, Margaritaville's CEO explains how Jimmy Buffett's brand became a force in the hotel industry, Akasa Air's CEO discusses its launch strategy, and workers dislike how much business travel they are asked to do.

Margaritaville’s Hotel Empire and Other Top Stories This Week

Airline Weekly

SAS’ Long Road to Bankruptcy

Scandinavian airline SAS is in bankruptcy after years of struggles. Edward Russell and Jay Shabat discuss how the carrier could still struggle to extract needed savings, particularly from aircraft lessors.

SAS’ Long Road to Bankruptcy

Hotels

Hotels Expand Their Wellness Products

Good morning from Skift. It's Wednesday, July 6 in New York City. Here's what you need to know about the business of travel today.

Hotels Expand Their Wellness Products

News Blog

Scandinavia’s SAS Files for Bankruptcy Protection in the U.S.

Scandinavian airline SAS has voluntarily filed for chapter 11 bankruptcy protection in the U.S., to try and secure time and flexibility to reorganize its capital structure, reduce costs, and complete a financial restructuring under the supervision of the U.S. court system. SAS expects to complete its court-supervised process in the U.S. in 9-12 months. The airline…

News Blog

EasyJet’s Top Operating Exec Quits After Weeks of Cancellations

EasyJet's Peter Bellew has resigned as chief operating officer, following weeks of turmoil at the airline. He has now left "to pursue other business opportunities" the airline said in a statement on Monday, effective July 1, as other European airlines prepare for a difficult summer ahead — including SAS which will now face widespread strikes…

Airlines

Scandinavia’s Debt-Ridden SAS Airline Looks to Denmark for Survival

With Sweden and Norway not wanting to remain long-term stakeholders, the survival of Scandinavian Airlines now hinges on Denmark. However, with Copenhagen's stake set to go up to 30 percent, how much of a deterrent would that be for potential private investors?

Scandinavia’s Debt-Ridden SAS Airline Looks to Denmark for Survival

Airlines

Sweden Will Not Inject More Capital Into Scandinavian Airlines

Post Sweden's decision, all eyes are now on Denmark. The two governments are the largest owners of the Scandinavian airline, each holding a 21.8 percent stake.

Sweden Will Not Inject More Capital Into Scandinavian Airlines