SAS eyes joint ventures, more long-haul narrow-body flights
05.10.2022 – 07:36 UTC
SAS Scandinavian Airlines (SK, Copenhagen Kastrup) plans to explore joint ventures to improve its long-haul network and will also seek to use more efficient narrow-body aircraft on certain long-haul routes, it said in an update. update of its ongoing restructuring in chapter 11. deal.
“SAS will redesign its short-haul network and fleet to generate significant benefits while maintaining the premium brand in this network, enabling the company to compete with low-cost carriers. The combination of short-haul routes will be adapted to the relative increase in leisure travel demand. For example, it will focus more on southern European sun destinations. Joint venture solutions will be explored to improve long-haul business travel and with correspondence in order to expand customer choice,” the Scandinavian carrier said.
He did not provide further details regarding his potential JV partners. The airline is a member of Star Alliance but has no JV or JBA agreements. It ended an 18-year joint venture for routes between Germany and Scandinavia with Lufthansa in 2013.
The airline’s new business plan foresees cost savings of SEK 7.5…
SAS Scandinavian seeks to return more than 10 aircraft to lessors
06.09.2022 – 07:59 UTC
SAS Scandinavian Airlines (SK, Copenhagen Kastrup) wants to return approximately 10% of its internal fleet to lessors as part of its SAS FORWARD restructuring program. The airline’s legal representatives filed a motion on September 3 to reject the leases and implement the procedures for rejecting and returning the leases. SAS Scandinavian plans to jettison five narrow-body aircraft and five wide-body aircraft in addition to two other abandoned leases. The airline also wants to return CFM International CFM56 engines.
According to the ch-aviation advanced fleets module, the carrier’s internal fleet currently includes four A319-100s (all detained), eleven A320-200s (two detained), fifty-two A320-200Ns (11 detained), seven A321- 200 (four owned), three A321-200NX (all leased), eight A330-300 (four owned), six A350-900 (four owned), ten B737-700 (eight owned) and four B737- 800 (all owned). ). Three E195s are operated through its subsidiary SAS Link (SVS, Copenhagen Kastrup).
“The debtors are party to a number of aircraft lease agreements that are significantly above market or no longer fit their future business plan”,…