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Last $4.28 USD
Change Today 0.00 / 0.00%
Volume 0.0
SASDY On Other Exchanges
As of 4:30 PM 12/17/14 All times are local (Market data is delayed by at least 15 minutes).

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sas ab-unspon adr (SASDY) Details

SAS AB, together with its subsidiaries, provides transportation services primarily in the Nordic region and international routes. The company operates passenger flights; and provides air cargo and other aviation services, as well as offers ground handling services. It operates a fleet of 151 aircrafts. The company was founded in 1946 and is headquartered in Stockholm, Sweden.

11,172 Employees
Last Reported Date: 06/18/15
Founded in 1946

sas ab-unspon adr (SASDY) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: kr8.1M
Deputy President and Chief Financial Officer
Total Annual Compensation: kr4.0M
Compensation as of Fiscal Year 2014.

sas ab-unspon adr (SASDY) Key Developments

SAS Expands with New Direct Routes to USA

SAS is expanding and opening three new direct routes to USA in 2016. The new routes being launched are Los Angeles from Stockholm, Miami from Oslo and Miami from Copenhagen. SAS is also increasing the number of departures from Stockholm to New York and Chicago and between Copenhagen and Shanghai. That means that SAS will now offer over 330,000 additional seats on its intercontinental routes in 2016. SAS is investing in the future and strengthening its offer to Scandinavia’s frequent flyers. In line with already published plans to expand its long haul fleet, SAS is announcing three new direct routes; Los Angeles from Stockholm, Miami from Oslo and Miami from Copenhagen. Timetable Stockholm Arlanda – Los Angeles: Daily departures from Arlanda (SK933) at 09.50 arriving in Los Angeles 12.15. Daily departures from Los Angeles (SK934) at 14.15 arriving at Arlanda 10.00. Timetable Copenhagen – Miami: Departures Mondays, Thursdays and Saturdays from Copenhagen (SK953) 09.30 arriving in Miami 13.50. Departures Wednesdays, Fridays and Sundays from Miami (SK954) 15.50 arriving in Copenhagen 07.10. Timetable Oslo – Miami Departures Tuesdays, Fridays and Sundays from Oslo(SK955) 09.35 arriving in Miami 13.50. Departures Mondays, Thursdays and Saturdays from Miami (SK956) 15.50 arriving in Oslo 07.05. Tickets to Los Angeles will go on sale on 20 August and as an opening offer there will be tickets from EUR 549. Tickets to Miami will be available later this fall. New direct routes to USA and Asia 2015/2016: Stockholm – Hong Kong, September 2015; Stockholm – Los Angeles, March 2016; Oslo – Miami, during fall 2016 and Copenhagen – Miami, during fall 2016. In addition to the new routes, SAS is increasing the frequency of its long haul routes starting with the winter program. SAS will then offer daily flights on the following routes: Copenhagen – Shanghai (two additional departures each week), Stockholm – Chicago (one additional departure each week), Stockholm - New York (one additional departure each week), Oslo - New York (one additional departure each week), and Copenhagen – San Francisco (one additional departure each week).

Mattias Forsberg Joins SAS Group Management as New Executive Vice President and CIO

SAS is expanding its Group Management - Mattias Forsberg to take up position as new Executive Vice President and CIO responsible for IT and digital innovation. The appointment of Mattias Forsberg in this new Group Management function reflects the focus at SAS on digital development of the Group's business and operations. Mattias Forsberg has been CIO at Systembolaget since 2011 and, previously, was IT Director at B&B Tools. Before this, he worked at Accenture between 1998 and 2008 where his duties included responsibility for Accenture's IT Strategy Group.

SAS AB Reports Traffic Results for the Month and Nine Months Ended July 2015

SAS AB reported traffic results for the month and nine months ended July 2015. For the month, the company’s available passenger kilometers were 3,964 million. Revenue passenger kilometers were 3,446 million. Passenger load factor was 86.9%. Number of passengers was 2,376 million. For the nine months, the company’s available passenger kilometers were 29,636 million. Revenue passenger kilometers were 21,775 million. Passenger load factor was 73.5%. Number of passengers was 19,406 million.


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