– I’m surprised there was a strike. I had thought that this would come to an end, says Espen Andersen, associate professor at BI to news. He believes SAS is now in a very demanding financial situation. He points out that SAS mainly makes money in three areas that are now all under pressure: Tourist traffic in the summer, which is now affected by strikes Shorter business trips within Europe, which are now largely replaced by digital meetings Closing of Russian airspace means that long, international SAS flights from Copenhagen must fly around – SAS is affected in all three markets, says Andersen. On Monday, travelers at Gardermoen were given this letter from SAS. Photo: Veronica Westhrin / news – Very important for Denmark – If you are going to invest in SAS, you must have a different intention than making money. The only one I can think of who has it is the Danish state, says the aviation analyst. Andersen points out that Copenhagen Airport Kastrup is a very important employer in Denmark. This is where SAS has its main airport today. – It is the largest employer in Copenhagen, possibly Denmark, he says. Andersen wonders if the pilots are now simply “gambling” that the state owners will come on board to preserve the Scandinavian model. – Or that they are betting that the Danish government will save them in order to preserve Kastrup as a large international airport, he says. – SAS has been thrown into a life-threatening crisis Jacob Pedersen, head of research at Danish Sydbank, also does not like the situation in which SAS is now. – This testifies to the fact that SAS has been thrown into a huge, life-threatening crisis, he says to Danmarks Radio. Jacob Pedersen, head of research at Danish Sydbank, believes that SAS has now been thrown into a crisis. Photo: Sydbank He believes it will be demanding for SAS to attract new investors who can save the company. – They are running away at the moment, because they can see what is going on in the company, he says. – So this is an unusually bad day for an awful lot of travelers, but it is also for SAS and SAS’s future, Pedersen says. – Was this the last chance? Is the race now over? – Hopefully the parties will be wiser. The money flows out of the SAS coffers, and they have done the same in recent weeks, even though the planes have been in the air. Because no one has bought new tickets, says Pedersen. He points out that SAS will continue to lose money as long as the planes have to be parked during the strike. – You have to address that and you have to find a solution. If not, SAS is directly on its way into a form of legal process, with this bankruptcy protection, which has been talked about a lot, Pedersen says.
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– Not a good investment object – news Norway – Overview of news from different parts of the country
