Loading
14-Jul-2010 12:21 PM

SAS CEO confident in meeting target of becoming profitable in 2011

SAS CEO, Mats Jansson, hopes cost-cutting plans combined with rising revenues will help meet its target of becoming profitable in 2011 (Reuters, 13-Jul-2010). Mr Jansson stated a recovery was coming through and expected underlying growth in the airline market of 4% to 5% over the next four years. Earlier in 2010, it raised USD665 million via a rights issue.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More