Negotiations with trade unions ended without conclusion

Negotiations with trade unions ended without conclusion

The negotiations between the SAS Group management and the SAS trade unions have
today ended without conclusion. The negotiations had been initiated with a short
deadline set before the summer considering the extensive crisis that the airline
industry is currently in. Despite certain progress, no agreement was achieved
with the Group's 39 trade unions. Group management and the SAS board will now
concentrate on identifying other means and actions to reduce costs for SAS.

“We have made certain progress in the last two weeks, but have not been able to
reach an agreement that provide long-term or substantial cost reductions,
without the agreements being linked to impossible conditions or met with counter
demands. This unfortunately means that we have not reached the necessary cost
savings. Group management will now together with the board immediately focus on
finding other means and actions to lower our costs,” says Mats Jansson,
President and CEO of SAS Group. 


For further information, please contact:
Claus Sonberg, Executive Vice President, SAS Group Communications 
+46 709971660