SAS: New union agreements signed with 7 of 8 unions- negotiations continues

19-Nov-2012 On November 12 the Board of SAS approved the 4 Excellence Next Generation (4XNG) plan to address the issues facing SAS. The 4XNG plan will improve EBT by approximately 3 bn SEK on an annualized basis and improve the overall cost flexibility. One of the conditions to implement the plan and for the availability of the new 3.5 Bn SEK revolving credit facility is signed union agreements.