Finnair

Nordic by Nature: SAS CEO Rickard Gustafson, racing to keep costs falling faster than revenues, speaks with AW

Finnair

Nordic by Nature: SAS CEO Rickard Gustafson, racing to keep costs falling faster than revenues, speaks with AW

June 2015

4 min read

Seth Kaplan

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Issue Overview

SAS hopes to please stakeholders with an array of ongoing structural reforms when it reports its February-to-April quarterly results this week. The airline—its post-9/11 history a relentless race between falling costs and falling revenues—is finally getting somewhat of a break on the revenue side this year. Unit revenues are holding firm—last week it reported a 1% y/y rise for April, with May figures looking roughly flat despite strikes that canceled 147 flights. The airline’s CEO Rickard Gustafson spoke with Airline Weekly last week in Miami.

Nordic by Nature: SAS CEO Rickard Gustafson, racing to keep costs falling faster than revenues, speaks with AW

Nordic by Nature: SAS CEO Rickard Gustafson, racing to keep costs falling faster than revenues, speaks with AW

Issue Overview

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