SAS reports already a one billion loss

Despite international air authorities believe a tailwind for the aviation industry, it is still the opposite way for SAS.

SAS is still struggling. Photo: Helge Lyngmo / NRK

IATA has registered an increase in passenger numbers in the industry in January. They also expect a rise in February. It enjoys no benefit from SAS.

The first two months ended with a loss of 960 million before tax. Much of this is due, according to Swedish Radio, currency effects.

SAS said that the company expects a loss of 1 billion in the first quarter.