Reliability & Credibility. In business since 1994

Customer Care 7 Days A Week

SAS Scandinavian Airlines unveil restructuring plan

SAS Scandinavian Airlines recently announced it has unveiled a $444 million restructuring plan as it wants to remain afloat and is determined to safeguard its future. The airline in a statement said that its restricting plan includes the sale of Norwegian regional airline Wideroe and 800 job cuts. The airline has described the restructuring plan as its ‘final chance’ to secure its future.

Rickard Gustafson, CEO of SAS Scandinavian Airlines, said that SAS Scandinavian Airlines flights are running into huge losses. He said that the airline is into troubled times and facing a very serious situation.
Gustafson revealed that the company has not been able to make profits for quite a number of years now. He declared that if the sale of SAS Scandinavian Airlines flights tickets doesn’t pick up and the airline continues to make significant losses then it would become entirely difficult to continue flight operations.
He outlined that a new business model has become quite necessary and that the airline needs to stand on its own feet. He said that the time is running out for the company and the progress needs to be visible and demonstrated rapidly.

Buzz Rewards
Free, Simple and Rewarding!
  • Earn Buzz Rewards points on select Bookings. It's FREE.
  • On accruing 5 points or more, you will receive a Fare Buzz Visa® Prepaid Card.
  • Turn your reward points into Shopping, Travel, Entertainment, Dining & much more.
*Fares are round trip, Fares include all fuel surcharges, our service fees and taxes. Tickets are non refundable, non transferable, non-assignable. Name changes are not permitted. Fares are subject to change without notice. Fares subject to availability. There is a higher probability of seats being available at this fare on Tuesday, Wednesday & Thursday. Certain Blackout dates may apply. Holidays & Weekend travel may have a surcharge.Other restrictions may apply. .

© 1994 - 2021 Fare Buzz, Inc. All rights reserved. California: SOT #2073463, Washington: SOT #602755835, Nevada: SOT #20070138, Iowa: SOT #1223, JEN NY, INC. DBA FAREBUZZ Florida: SOT #ST40074