SAS joins Skyteam

SAS has officially joined the SkyTeam global airline alliance today, marking a major milestone for the airline as it escapes Chapter 11 and tries to operate in a more financially secure position. 

By joining SkyTeam, SAS contributes to the alliance’s strategic focus on operational synergies and sustainability. SAS customers will also benefit from seamless connectivity to over 1,060 destinations in SkyTeam’s extensive global network, notably opening new opportunities in regions such as Africa, Latin America, and the Caribbean. Codeshare agreements are already in place with Air France-KLM with options for codeshares with more SkyTeam members to follow later. 

SkyTeam Chairman, Andres Conesa commented: “We are happy to welcome SAS into the SkyTeam family, a customer-focused airline that shares our vision of delivering a high quality, future-proof travel experience across the globe. Bringing SAS on board as a new member opens exciting new opportunities for customers. As we approach our 25th anniversary year, I am excited for the future of SkyTeam.”

Skyteam Alliances welcomes SAS finally.

SAS has officially joined the SkyTeam global airline alliance today, marking a major milestone for the airline as it escapes Chapter 11 and tries to operate in a more financially secure position. 

By joining SkyTeam, SAS contributes to the alliance’s strategic focus on operational synergies and sustainability. SAS customers will also benefit from seamless connectivity to over 1,060 destinations in SkyTeam’s extensive global network, notably opening new opportunities in regions such as Africa, Latin America, and the Caribbean. Codeshare agreements are already in place with Air France-KLM with options for codeshares with more SkyTeam members to follow later. 

SkyTeam Chairman, Andres Conesa commented: “We are happy to welcome SAS into the SkyTeam family, a customer-focused airline that shares our vision of delivering a high quality, future-proof travel experience across the globe. Bringing SAS on board as a new member opens exciting new opportunities for customers. As we approach our 25th anniversary year, I am excited for the future of SkyTeam.”

SAS emergence from restructuring proceedings

SAS announces that the company has successfully completed its restructuring proceedings and emerged from chapter 11 in the US and from Swedish company reorganization, concluding in the investment of USD 1.2 billion. This marks the start of a new era for SAS. The company emerges as a competitive and financially robust airline with a strengthened capital structure, a highly dedicated and experienced management team, a commitment to drive transformational change and sustainability in aviation, and an attractive new customer offering together with the global airline alliance SkyTeam. The new principal owners of the reorganized company, Castlelake, Air France-KLM, Lind Invest and the Danish State, have agreed to appoint a new Board of Directors for SAS, which will be led by Kåre Schultz, as Chairman of the Board.

SAS initiated its restructuring proceedings in order to accelerate the implementation of its comprehensive business and financial transformation plan, SAS FORWARD. The aim of SAS FORWARD is to achieve a full transformation of SAS’ business, including optimization of its network and fleet, achieving unit cost competitiveness and building a sustainable future. Over the course of the restructuring proceedings, SAS has successfully restructured more than USD 2 billion of debt, adjusted its aircraft fleet and related costs and reached agreements with key stakeholders, creditors and vendors. SAS has also successfully concluded a competitive exit financing solicitation process, selecting Castlelake, Air France-KLM and Lind Invest, together with the Danish State, as the winning bidder consortium. The exit financing transaction included a total investment in reorganized SAS of USD 1.2 billion, comprising of USD 475 million in new unlisted equity and USD 725 million in secured convertible debt.

Nearly all creditors voting in the respective restructuring proceedings in the US and Sweden supported the restructuring plans. The restructuring proceedings in both the US and in Sweden have now been successfully completed and distributions to creditors entitled to receive any cash, equity or contingent value notes (as further described in SAS’ previous press releases) are expected to take place during the coming month.

SAS emerges as a financially robust company with a strengthened capital structure and with substantial liquidity. The company has also made significant progress with operational improvements and in building a competitive business:

A continued positive development for passenger demand with 18 million passengers traveling with SAS so far in fiscal year 2024 (Nov 2023 – July 2024), a 6.5 percent increase from the same period in fiscal year 2023.

The SAS EuroBonus program now has almost 8 million members and continues to be the leading loyalty program in Scandinavia.

SAS recorded its highest-ever monthly profitability in July 2024, demonstrating steady progress in achieving the targeted annual cost reduction of approximately SEK 7.5 billion in the SAS FORWARD plan.

Anko van der Werff, President & Chief Executive Officer of SAS, comments:  “This is a historic day that marks the start of an exciting future for SAS’ customers, partners and colleagues. We have successfully completed our restructuring proceedings and we are now entering a new era. It has been a complex process and I’m thankful for the constructive collaboration with creditors and partners, for the valuable support from the Board, as well as impressive efforts, energy and enthusiasm throughout our organization. Efforts that made it possible to save and restart one of the finest companies in Scandinavia. Now, we must look ahead and complete the transformation that we have started, continue our commitment to achieving net-zero emissions by 2050, and take advantage of the opportunities in a growing market. We have an excellent team, we are shortly joining the SkyTeam alliance family, and we have every opportunity to remain a leader in our industry for generations to come.”

Air France-KLM buys 19.9% of SAS

The Air France-KLM Group completes the acquisition of a non-controlling stake in the share capital of SAS AB. Extensive commercial cooperation to begin September 1, 2024

The Air France-KLM Group announced this week that it has successfully completed the acquisition of a 19.9% non-controlling stake in the share capital of SAS AB. This operation follows the receipt of regulatory approvals in Europe and the United States.

In parallel to the financial transaction and as previously announced, Air France-KLM and SAS have signed far-reaching interline and codeshare agreements to connect their hubs and networks. These agreements, which cover reciprocal loyalty program benefits, will enter into force as early as September 1, 2024. On the same day, SAS will join the Skyteam alliance, of which Air France and KLM are founding members.

Benjamin Smith, The Air France-KLM Group CEO said: “We are pleased to have completed this strategic transaction. SAS will enhance the Group’s footprint in the Scandinavian markets. SAS, Air France and KLM customers will now have a larger number of destinations via codeshares. Skyteam will immediately gain a new strategic member.”

This transaction was concluded by the Air France-KLM Group as part of a consortium of investors which also includes Castlelake L.P. on behalf of certain funds or affiliates, Lind Invest ApS, and the Danish State.

The members of the Consortium now effectively hold an aggregate 86.4% stake in the share capital of the reorganized SAS AB (exclusive of the recovery by the Danish State in its capacity as a creditor of SAS and pursuant to SAS’s restructuring plans), having invested $1.2 billion USD in the company, by subscribing for $475.0 million USD of common shares and by purchasing $725.0 million USD of senior secured convertible notes.

The Air France-KLM Group itself invested a total of $144.5 million USD in SAS AB, by subscribing for $109.5 million USD of common shares and by purchasing $35.0 million USD of senior secured convertible notes.

SAS reaches agreement with Norwegian cabin crew unions

SAS and the Norwegian cabin unions, NKF and SNK, have this morning reached an agreement on new collective bargaining agreements.

SAS and the Norwegian cabin unions have now concluded mediation and come to an agreement. During the four-day strike a limited number of flights were affected primarily in Norway. By tomorrow SAS expects the traffic program to be back to its normal operations.

jetil Håbjørg, Chief Airline Services in SAS said:  "I am very pleased to report that we now have come to an agreement. Finally, we can resume normal operations and fly our customers to their desired destinations and continue our important work going forward.

We sincerely apologize to our customers that have been impacted by this strike. Today’s agreement means that we now can put our full focus on finalizing the restructuring of SAS and set the course to build and grow a profitable airline that can offer world-class travel experience and network to our customers."

SAS is expecting operations to be restored throughout the day. Passengers are kindly asked to check the latest information at sas.no.

SAS Traffic figures – July 2024

2.5 million passengers travelled with SAS in July

2.5 million passengers travelled with SAS in July, a 5 percent increase compared with the same month last year. SAS’ capacity increased by 4 percent and RPK increased by 6 percent, compared with July 2023. The flown load factor for July was 87 percent.

“We are pleased to see a continued increase in passenger volumes and a regularity rate of 99.3 percent in July. The load factor exceeded 87 percent, which marks one of SAS’ best months historically in terms of load factor. This month, we also announced broad partnership agreements with our future SkyTeam partner, Air France-KLM. This partnership will improve our connectivity and offer additional benefits to our loyal customers from September 1,” says Anko van der Werff, President & CEO of SAS.

SAS total traffic (scheduled and charter)	Jul24	Change1	Nov23- Jul24	Change 1
ASK (Mill.)	5,066	4.0%	32,874	9.0%
RPK (Mill.)	4,429	6.0%	25,588	11.8%
Load factor	87.4%	1.7 pp	77.8%	1.9 pp
No. of passengers (000)	2,535	5.0%	17,989	6.5%

1 Change compared to same period last year, pp = percentage points

Geographical development, schedule	Jul24           vs.          Jul23		Nov23-Jul24   vs.   Nov22-Jul23
	RPK	ASK	RPK	ASK
Intercontinental	6.8%	5.0%	13.2%	9.7%
Europe/Intra-Scandinavia	13.3%	9.9%	17.9%	14.8%
Domestic	-8.6%	-11.1%	-3.9%	-6.6%

Preliminary yield and PASK	Jul24	Nominal change1	FX adjusted change
Yield, SEK	1.00	-3.3%	-1.3%
PASK, SEK	0.87	-0.7%	1.3%
			Jul24
Punctuality (departure 15 min)			75.4%
Regularity			99.3%
Change in total CO2 emissions			9.7%
Change in CO2 emissions per available seat kilometre			-2.2%

Definitions:
RPK – Revenue passenger kilometres
ASK – Available seat kilometres
Load factor – RPK/ASK
Yield – Passenger revenues/RPK (scheduled)
PASK – Passenger revenues/ASK (scheduled)
Change in CO2 emissions per available seat kilometres – SAS passenger related carbon emissions divided with total available seat kilometers (incl non-revenue and EuroBonus tickets), rolling 12 months vs rolling 12 months previous year

From fiscal year 2020 we report change in CO2 emissions in total and per Available Seat Kilometers (ASK) to align with our overall goal to reduce our total CO2 emissions by 25% by 2025, compared to 2005.

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KLM, Air France and SAS sign codeshare and interline agreements

Starting September 1, 2024, KLM and Air France customers will gain access to 33 destinations in Northern Europe beyond SAS’s hubs in Copenhagen, Oslo and Stockholm 

SAS customers will gain access to 33 European destinations beyond KLM and Air France's at Amsterdam Schiphol airport and Paris-Charles de Gaulle airport;

The interline agreement covers the European network of KLM, Air France and SAS;

KLM, Air France and SAS customers will be able to earn and spend Miles/Points through the Flying Blue and EuroBonus loyalty programmes.

KLM, Air France and SAS announced this week that they have signed codeshare and interline agreements applicable to KLM, Air France and SAS. These agreements also cover reciprocal loyalty program benefits. They will enter into force on September 1, 2024, when SAS officially joins the SkyTeam alliance, of which Air France-KLM is a founding member.

The codeshare agreement will cover a wide range of European destinations. KLM and Air France customers will gain access to 33 destinations in Northern Europe beyond SAS’s hubs in Copenhagen, Oslo and Stockholm. SAS customers will gain access to 33 destinations in Europe beyond KLM and Air France's hubs at Amsterdam Schiphol airport and Paris Charles de Gaulle airportt. Additionally, intercontinental destinations will be added to the agreement in the near future.

The interline agreement will cover the European network of KLM, Air France and SAS, providing customers with extended travel options.

Members of Flying Blue and EuroBonus, the respective loyalty programmes of Air France-KLM and SAS, will be able to earn and spend Miles/Points on all flights operating as of September 1, 2024. Eligible EuroBonus members will also be able to enjoy SkyTeam services and benefits including SkyPriority and lounge access.

Aviation Capital Group announces delivery of an Airbus A320neo to SAS

Aviation Capital Group, a premier global full-service aircraft asset manager, announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines. Featuring CFM International LEAP-1A engines, this is the last aircraft scheduled to deliver to the airline as part of a 12-aircraft sale-leaseback transaction between ACG and SAS.

Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with approximately 480 owned, managed and committed aircraft as of March 31, 2024, leased to roughly 90 airlines in approximately 45 countries. It specializes in commercial aircraft leasing and provides certain aircraft asset management services and aircraft financing solutions for third parties. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation.

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SAS adds more destinations to winter destinations

Responding to the increasing demand from travellers seeking winter adventures in the North, SAS is expanding its services with five new direct routes to Tromsø, Kiruna, Rovaniemi and Scandinavian Mountain Airport Sälen-Trysil.

These additions will enable more travellers to enjoy the ski resorts, dog sledging, and the opportunity to witness the northern lights during the upcoming winter season. SAS already serves the Scandinavian Mountains Airport (SCR) from Copenhagen and Aalborg during the winter season and will now open two more routes from Aarhus and London Heathrow. Additionally, three new seasonal routes are being introduced: Copenhagen to Finnish Rovaniemi, Copenhagen to Swedish Kiruna and London to Norwegian Tromsø.

Connectivity to Northern Scandinavia is further enhanced by additional frequencies to Tromsø, Longyearbyen/Svalbard, Luleå and Åre-Östersund on the existing routes from Copenhagen, Oslo and Stockholm.

“We see a significant rise in Europeans travelling to Northern Scandinavia during the winter season and we are very pleased to be able to increase our departures to this part of the world. Our winter program also includes improved connectivity between US and Asia and our Scandinavian as well as European destinations”, says Erik Westman, Chief Revenue Officer at SAS.

For Scandinavians seeking warmth during the winter season SAS is adding more flights to warm destinations such as Gran Canaria, Tenerife and Agadir. Bangkok will see a minimum of four weekly flights from Copenhagen throughout the season, increasing to five weekly from late December and daily from late January to early March. The US program is also expanding, featuring daily flights from Copenhagen to Los Angeles and Boston and double daily to New York (JFK and Newark), with improved schedules to facilitate connectivity at JFK. In addition, SAS continues its new route Copenhagen-Atlanta with five weekly frequencies during the winter season.

As is customary each winter season, there will also be a focus on European ski destinations like Zürich, Genève, Salzburg, Innsbruck, Milan, and Munich, particularly during the winter holidays.

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SAS gets a new Airbus A320neo on long term lease and set to join SkyTeam Alliance

Aviation Capital Group one of the leading global full-service aircraft asset managers, has announced the delivery of one new Airbus A320neo aircraft on long-term lease to the financially constrained Scandinavian Airlines. This jet is powered by CFM International LEAP-1A engines and will be used to bolster the carrier's fleet.  ACG advised this is the eleventh aircraft it is scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS, which helps the airline form a more secure financial position.

ACG specializes in commercial aircraft leasing and aviation finance, with approximately 490 owned, managed and committed aircraft as of December 31, 2023, leased to roughly 90 airlines in approximately 45 countries. 

The flag carrier of Scandinavia is all set to join the SkyTeam Alliance on 1 September 2024 after completing a series of negotiations and signing the alliance's adherence agreement. 

This news will mean in future, SAS customers will benefit from seamless products as well as enjoy more travel options to several previously unserved destinations via the alliance member airlines. All EuroBonus members will benefit from earning and burning points, while Gold and Diamond members will enjoy SkyPriority services and lounge access.

The company also deferred interest payments due on 23 and 26 April this year on its perpetual capital securities, as part of the airlines's voluntary Chapter 11 process in the U.S and its reorganization proceeding in Sweden. The airline says the deferral of interest payment is made in accordance with the terms and conditions for the respective capital securities. But have done little to quell rumours that the carrier will not exit Chapter 11 this year or early next year. 

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Delivery of a new Airbus A320neo for SAS

Aviation Capital Group LLC, the premier global full-service aircraft asset manager, announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”). Featuring CFM International LEAP-1A engines, this is the tenth aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.

ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, we provide aircraft asset management solutions tailored to meet our customers’ fleet management needs

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SAS and the Norwegian armed forces signs new agreement for strategic evacuation

The Norwegian Armed Forces have on March 4 signed a new agreement with SAS for strategic air evacuation. The agreement ensures continued capacity for strategic air evacuation using SAS’ latest Airbus A320neo aircraft. This will follow the phase-out of the current aircraft and transition to the new agreement will take place in 2025.

The agreement between Norwegian Armed Forces and SAS consists of two parts: a cooperation agreement to design a A320neo based solution and an agreement covering operational assignments.

“We are honoured that the Norwegian Armed Forces have selected SAS for future evacuation missions, building on several years of joint assignments across the world. While the currently used aircraft has served us well, it is now time for the next-generation, lower-emission A320neo to continue these proud assignments together with our highly skilled and dedicated staff. Contributing to the safe transport of citizens across the world when crisis strikes is a responsibility we do not take lightly, and we are grateful for the trust placed in us by the Norwegian Defense through this work,” says Paul Verhagen, Chief Commercial Officer at SAS.

The A320neo is a regular passenger plane and – once the new design is finalized – can be converted into a flying hospital, with medical equipment and hospital beds. SAS’ Airbus A320neo has around 18% lower CO2 emissions compared to the aircraft it replaces. Additionally, there is 30% less noise in these aircraft, creating a more favourable environment for evacuees and crew on board.

SAS has a 25-year history of taking part in evacuation assignments, with missions such as the tsunami in Thailand, and evacuation missions from Afghanistan, Moira refugee camp and Ukrainian patients.

Destination Unknown proves to be popular for SAS

On Monday the Scandic airline SAS opened the possibility for EuroBonus members to sign up for the recently introduced flight experience “Destination Unknown” at 12 noon. Within minutes, over 1000 members signed up for the chance to embark on this mystery journey.

On April 5, SAS EuroBonus members will meet at Copenhagen Airport ready to board a mystery trip. The travellers are invited to explore the concept of flying to an unknown destination and join a unique adventure curated by SAS.

SAS invites EuroBonus members to embark on a mysterious journey between April 5-8, 2024. This extraordinary SAS experience promises to add additional excitement and adventure to the trip. The allure of the unknown destination will keep travellers on the edge throughout the flight until the destination is revealed.

"I am thrilled about this innovative concept, and I am confident that, just like me, a lot of travellers are excited by the idea of an unknown destination. The prospect of embarking on an adventurous and mysterious journey with fellow enthusiasts, finding new connections and friendships along the way, is truly exciting. SAS equals trust and quality and promises our passengers an adventure that will bring their travel experience to a new level. These are not just trips; they are extraordinary journeys that will stay with you for a lifetime,” says Paul Verhagen, EVP & Chief Commercial Officer at SAS.

All seats on the flight are reserved for SAS EuroBonus members and can only be purchased using EuroBonus points. The Destination Unknown tickets are all so-called biofuel tickets. Read more about SAS biofuel tickets here: https://www.flysas.com/en/bio/

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SAS gets Equinor contract for another three years

SAS has signed a contract extension for three years with Equinor for both domestic and international travel.

The contract with Equinor represents a significant contribution to SAS’ passenger volume in Norway. SAS was chosen on the basis of an extensive network, attractive timetable, commercial terms and one of Europe’s most modern fleets.

“We are delighted that Equinor once again have chosen SAS as their preferred carrier for business travel, demonstrating a continued confidence in us for the next three years.

SAS' strategic priorities to retain and further strengthen our position in the Scandinavian travel market is founded on a good cooperation with the largest companies in Norway and the longstanding collaboration with Equinor remains very important to SAS,“ says Chief Commercial Officer at SAS, Paul Verhagen.

Airbus, Avinor, SAS, Swedavia and Vattenfall pave the way for hydrogen aviation in Sweden and Norway

Airbus, Avinor, SAS, Swedavia and Vattenfall have signed a Memorandum of Understanding (MoU) to investigate the feasibility of a hydrogen infrastructure at airports in Sweden and Norway. 

This cooperation will provide better understanding of hydrogen aircraft concepts and operations, supply, infrastructures and refueling needs at airports in order to help develop this hydrogen aviation ecosystem in both countries. The work will also identify the pathways to select which airports will be transformed first to operate hydrogen-powered aircraft in both countries as well as the accompanying regulatory framework.

This is the first time that a feasibility study of this kind covers two countries and more than 50 airports. It reflects the partners’ shared ambition to use their respective expertise to support the decarbonisation of the aviation industry and to achieve net zero carbon emissions by 2050.

“Hydrogen stands out as a key enabler as we pioneer a sustainable aviation future.” said Guillaume Faury, CEO Airbus “Norway and Sweden are among the most demanding regions for aviation and have great potential for hydrogen production from renewable energy sources. I am very pleased to enter into this cooperation with partners fully engaged to take significant steps towards decarbonising aerospace. It fits perfectly with our strategy of deploying hydrogen aviation ecosystems in the most suitable parts of the world.”

Abraham Foss, CEO Avinor: “Hydrogen is emerging as a key energy carrier in future fossil free aviation. As the owner and operator of 43 airports across Norway, Avinor has been working on sustainability for many years already, and has taken a position as a driving force and facilitator for the green transition of Norwegian aviation. Our dialogue with Airbus concerning the decarbonization of aviation goes several years back and we are very happy to be able to announce this collaboration together with our good neighbors in Sweden. Norway, as well as Sweden, is well positioned to be an early mover in the introduction of hydrogen-powered aircraft. We look forward to contributing with our expertise as well as infrastructure to bring this important work forward.”

“As the world takes positive steps towards a more sustainable future, SAS’ commitment is to ensure that also coming generations can enjoy the benefits of seamless global connectivity. By partnering with some of the strongest and most innovative players in the industry, we are assuming our responsibility to drive the transition towards achieving net-zero emissions. A journey that matters not just for SAS, but for the entire aviation industry,” says SAS’ President & CEO Anko van der Werff.

Another new Airbus jet for SAS

             Aviation Capital Group, a premier global full-service aircraft asset manager, announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (“SAS”). Featuring CFM International LEAP-1A engines, this is the ninth of ten aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.

ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft leasing services, we provide aircraft asset management solutions tailored to meet our customers’ fleet management needs.

1.6 million passengers traveled with SAS during December

1.6 million passengers travelled with SAS in December, a 6 percent increase compared with the same month last year. SAS’ capacity increased by almost 12 percent and RPK increased by 14 percent, compared to December 2022. The flown load factor for December was 73 percent.

“1.6 million passengers travelled with SAS in December, which represents a passenger volume increase of 6 percent compared to last year. In December, Skellefteå City Airport became the first individual airport in Sweden to join SAS’s Corporate Sustainability program, and we hope this partnership will inspire other companies to join and be part of the journey to transform aviation for generations to come. SAS is also expanding its flight offerings and increasing capacity in the summer traffic program. This summer, SAS will fly to over 130 destinations in more than 40 countries, with added frequencies to popular destinations in Europe, North America and Asia and nine new destinations in Europe,” says Anko van der Werff, President & CEO of SAS

SAS is getting ready for the summer season and will fly to over 130 destinations in more than 40 countries.

SAS is getting ready for a busy summer season with over 130 destinations in more than 40 countries.

The Scandinavian Airline SAS, currently under reconstruction and review has released details of its forthcoming summer schedule.

From Copenhagen there will be direct flights to Ibiza, Salzburg, Genoa, Tromsø and the Dalaman/Turquoise coast in Turkey. From Bergen SAS will start flights to London and from Oslo to Geneva, Milan and Tivat at the coast of Montenegro.

Erik Westman, Chief Revenue Officer at SAS said: “In addition to seamless connectivity to major cities and capitals, our summer traffic program offers new holiday destinations like Ibiza, Genoa, and Tivat. For those seeking familiar favorites, we've boosted capacity to destinations such as Malaga, Florence, Palma, and Alicante. Our passengers can discover a multitude of inspiring options with SAS as they plan their upcoming summer adventures. We look forward to a busy summer and to welcoming our passengers on board”,

South European favourites

SAS is adding flights to long-time favorites in Spain and Italy from all three Scandinavian capitals. From Stockholm and Copenhagen there will be up to 20 weekly flights to Malaga and from Oslo up to 17 flights to Alicante. Milan will enjoy four daily services from Copenhagen, there will be daily flights to Florence from Copenhagen and up to 25 weekly flights to Nice.

Oslo will have 14 weekly departures to Split, and it will be possible to fly with SAS from Stockholm twice a day to Milan and Paris during peak summer. Oslo and Copenhagen also have year-round operations to another Scandinavian favorite, Gran Canaria.

North Europe

From Copenhagen there will be five daily frequencies to Düsseldorf, four daily flights to Brussels and Gdansk and three daily flights to Warsaw and Vilnius. SAS will fly from Stockholm to Tallin up to six times per day and to Vilnius three times a day. Additionally, Stockholm will increase to two daily flights to Berlin, up to six daily flights to Helsinki, and increased frequencies to both Turku and Vaasa.

Domestic and Nordics

SAS has continuous focus on domestic routes and is increasing the numbers of departures between Stockholm and Visby, Kiruna, Skellefteå, and Östersund. Furthermore, there will be up to seven daily flights from Copenhagen to Bergen during peak summer, while Oslo will feature up to two daily flights to Aalborg and four weekly flights to Billund, and increased frequencies to Northern Norway.

Aviation Capital Group confirms delivery of one Airbus A320neo to SAS

Aviation Capital Group announced the delivery of one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines. Featuring CFM International LEAP-1A engines, this is the seventh of ten aircraft scheduled to be delivered to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.

Aviation Capital Group is one of the world’s premier full-service aircraft asset managers with over 490 owned, managed and committed aircraft as of September 30, 2023, leased to roughly 90 airlines in approximately 45 countries. It was founded in 1989 and is a wholly owned subsidiary of Tokyo Century Corporation.

ACG deliver the 6th of 10 Airbus jets to SAS

Aviation Capital Group, one of the world’s premier full-service aircraft asset managers with over 490 owned, managed and committed aircraft as of September 30, 2023, leased to roughly 90 airlines in approximately 45 countries, has just confirmed the delivery of one new Airbus A320neo to SAS.

The jet aircraft is on long-term lease to Scandinavian Airlines and is powered by CFM International LEAP-1A engines. This is the sixth of ten aircraft scheduled to be delivered to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and SAS.