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Companies News / Transport
Airliner SAS claims that it can compete better against low-cost carriers on several destinations, according to Swedish Flight Price Index.
Scandinavian Airlines SAS, reports loss before tax of Skr823 million for the period November 2012 - January 2013. That compares with a loss of Skr2.686 million the same period a year earlier.
The idea than there could be the possibility of a tunnel to link Germany and Sweden is raising eyebrows in Swedes and construction giant Skanska feels that it is something that it could be interested in doing.
Scandinavian Airway System, SAS, has got into a muddle with low cost carrier, Ryanair accusing it of cheating in reporting it true passenger weighting. This means that if it turns to be true, Ryanair risk a heavy fine.
Budget airline, Norwegian has been criticized for wanting to operate the new long-haul routes with foreign personnel. But without workers living abroad they can not be profitable, Norwegian manager Bjørn Kjos, believes.
The strongest challenger to trouble Scandinavian airliner, SAS, has seen its traffic increased in November as SAS struggle to pull itself from the doldrums.
The Scandinavian airliner, SAS has a new austerity package to enforce, a strategy described by Scandinavian media sources as a strategy to make its employees to resign, a cheaper alternative that laying them off.
Ryanair want to save more on fuel costs but it looks like it is the factor behind the recent reported forced and emergency landings of Ryanair planes, which was reported recently.
The airliner, Air Finland has all flights to remain on the ground, as the
10-year-old airline and package tour operator has ends all operations and filed for bankruptcy.
As SAS decides to cut down international routes and limits long hauls, Norwegian. Its Nordic rival which wants to expand into that section just got the green light and sees this as a blessing from SAS.
Many Swedish roads are so bad that professional drivers' health are threatened, a new report in which vibrations are measured on a total of 370 mile road way in several countries, including in northern part of Sweden has been have been carried out.
The Swedish regional airline Skyways Express, and its subsidiaries City Airline, have suspended payments, as well as forced to cancel all flights with immediate effect. The reason is that the companies could have sought bankruptcy protection during the Tuesday morning.
Ryanair (RYA.I), Europe's biggest budget airline, warned high fuel costs and a worsening economic outlook in Europe meant profit would slip by up to 20 percent in the coming year, the first fall in four years reports Reuters.
The listed Danish airline Cimber Sterling announced on Thursday that the Board has decided to put the company into bankruptcy. "Sad for all the worthless tickets," said the airline's CEO in a press release.
The Danish ailing airline Cimber Sterling has continued its difficult times in continued operations despite the company’s persistent fall profits. In the third quarter the company had a loss before tax of almost Dkr100 million. This means that equity is negative with Dkr82.5 million.
Southern Swedish travellers prefer to use the Danish international airport at Copenhagen to travel abroad more than using their own local airport at Malmo Sturup.
Finnair flight attendants are resisting further wage cuts after a recent scandal over big bonuses for the company's executives. The company's pilots will also look again at whether to continue savings talks.
Most of the Swedes' old car inspection companies are now being sold to large international companies.
German carrier, Lufthansa's traffic to the Scandinavia and the Baltic countries last year rose by a fifth signalling that Norwegian, the Norwegian budget airliner, might not be the only challenger to SAS.
Friday, 17 February 2012
The Norwegian airline, Norwegian Air Shuttle reported a profit before tax of minus Nkr188 million for the fourth quarter. Besides that the boss, Bjorn Kjos feels buoyant about the future for the company especially counting on mass bankruptcy of competitors.
Who said the grass was greener the other side? Even the Swedes dissatisfied with public transport
Thursday, 09 February 2012
A well organised Sweden is seeing that organising the transport sector is not just the UK that is worse in. Sweden has also caught up with the wave of dissatisfied people who use the transport system.
The airline SAS reported a loss before tax of Skr2.077 million in the fourth quarter of 2011. This compares with a loss of Skr463 million the same period the year before.
Swedish new fast commuter train, the SJ3000 was this morning exposed to the elements and tested for what it was designed for. It is the high speed SJ3000 which made a maiden drive departing from Sundsvall this morning via Gävle to Stockholm.
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Norwegian tipped to grow above SAS within 5 years in the Nordic air market
Monday, 27 May 2013
The Norwegian budget airliner, Norwegian has been tipped to become the biggest Nordic airliner, surpassing SAS with 5 years.
SAS compete better with low cost airliners as high competition and the quest for survival forces it to join the low costs routes.
Thursday, 18 April 2013Airliner SAS claims that it can compete better against low-cost carriers on several destinations, according to Swedish Flight Price Index.
Losses continues for SAS but the looses reduced as a results of intense austerity
Friday, 08 March 2013Scandinavian Airlines SAS, reports loss before tax of Skr823 million for the period November 2012 - January 2013. That compares with a loss of Skr2.686 million the same period a year earlier.
Idea of a tunnel between Sweden and Germany attracts Skanska
Monday, 25 February 2013The idea than there could be the possibility of a tunnel to link Germany and Sweden is raising eyebrows in Swedes and construction giant Skanska feels that it is something that it could be interested in doing.
SAS presses with Ryanair accusing it of cheating
Monday, 07 January 2013Scandinavian Airway System, SAS, has got into a muddle with low cost carrier, Ryanair accusing it of cheating in reporting it true passenger weighting. This means that if it turns to be true, Ryanair risk a heavy fine.
Norwegian wants to make a move to Sweden if government remains inflexible to working methods
Friday, 14 December 2012Budget airline, Norwegian has been criticized for wanting to operate the new long-haul routes with foreign personnel. But without workers living abroad they can not be profitable, Norwegian manager Bjørn Kjos, believes.
Norwegian make gains in traffic and passengers in November as SAS grounded in crisis
Thursday, 06 December 2012The strongest challenger to trouble Scandinavian airliner, SAS, has seen its traffic increased in November as SAS struggle to pull itself from the doldrums.
SAS will force its workers to get lower pay in a bid to manage poor performace
Wednesday, 24 October 2012The Scandinavian airliner, SAS has a new austerity package to enforce, a strategy described by Scandinavian media sources as a strategy to make its employees to resign, a cheaper alternative that laying them off.
Ryanair intensifies saving in fuel after several force landings
Monday, 10 September 2012Ryanair want to save more on fuel costs but it looks like it is the factor behind the recent reported forced and emergency landings of Ryanair planes, which was reported recently.
Finnish airliner, Air Finland goes bankrupt
Wednesday, 27 June 2012The airliner, Air Finland has all flights to remain on the ground, as the
10-year-old airline and package tour operator has ends all operations and filed for bankruptcy.
The unlikely support for Norwegian strategy as an unexpected SAS’s growth strategy turns to green light for the Norwegian low cost carrier
Thursday, 21 June 2012As SAS decides to cut down international routes and limits long hauls, Norwegian. Its Nordic rival which wants to expand into that section just got the green light and sees this as a blessing from SAS.
Swedish road a pain for truck drivers
Sunday, 27 May 2012Many Swedish roads are so bad that professional drivers' health are threatened, a new report in which vibrations are measured on a total of 370 mile road way in several countries, including in northern part of Sweden has been have been carried out.
Sweden’s regional Airline, Skyways, give in to bankruptcy
Tuesday, 22 May 2012The Swedish regional airline Skyways Express, and its subsidiaries City Airline, have suspended payments, as well as forced to cancel all flights with immediate effect. The reason is that the companies could have sought bankruptcy protection during the Tuesday morning.
Ryanair's profit growth but will be challenged by austerity.
Monday, 21 May 2012Ryanair (RYA.I), Europe's biggest budget airline, warned high fuel costs and a worsening economic outlook in Europe meant profit would slip by up to 20 percent in the coming year, the first fall in four years reports Reuters.
Big Losses for SAS
The airline SAS reported a loss before tax of Skr1.132 million for the first quarter of 2012. This compares with a loss of Skr558 million the same period in 2011.Danish airliner, Cimber Sterling in bankruptcy
Thursday, 03 May 2012The listed Danish airline Cimber Sterling announced on Thursday that the Board has decided to put the company into bankruptcy. "Sad for all the worthless tickets," said the airline's CEO in a press release.
Cimber Sterling flies with heavy losses
Wednesday, 14 March 2012The Danish ailing airline Cimber Sterling has continued its difficult times in continued operations despite the company’s persistent fall profits. In the third quarter the company had a loss before tax of almost Dkr100 million. This means that equity is negative with Dkr82.5 million.
Swedes prefer to fly from Denmark
Wednesday, 14 March 2012Southern Swedish travellers prefer to use the Danish international airport at Copenhagen to travel abroad more than using their own local airport at Malmo Sturup.
Standoff at Finnair as staff demand stop to austerity in the wake of huge management bonuses
Monday, 12 March 2012Finnair flight attendants are resisting further wage cuts after a recent scandal over big bonuses for the company's executives. The company's pilots will also look again at whether to continue savings talks.
Swedish car inspection company, Bilprovningen to be sold to international buyers
Monday, 12 March 2012Most of the Swedes' old car inspection companies are now being sold to large international companies.
German Lufthansa is growing in Scandinavia and its future here look great despite uncertainty in the sector as whole
Wednesday, 22 February 2012German carrier, Lufthansa's traffic to the Scandinavia and the Baltic countries last year rose by a fifth signalling that Norwegian, the Norwegian budget airliner, might not be the only challenger to SAS.
The boss of the Norwegian airliner, Norwegian places his growth strategy on mass bankruptcy from competitors
Friday, 17 February 2012
The Norwegian airline, Norwegian Air Shuttle reported a profit before tax of minus Nkr188 million for the fourth quarter. Besides that the boss, Bjorn Kjos feels buoyant about the future for the company especially counting on mass bankruptcy of competitors.
Who said the grass was greener the other side? Even the Swedes dissatisfied with public transport
Thursday, 09 February 2012
A well organised Sweden is seeing that organising the transport sector is not just the UK that is worse in. Sweden has also caught up with the wave of dissatisfied people who use the transport system.
SAS reports an impressive expected resounding loss
Wednesday, 08 February 2012The airline SAS reported a loss before tax of Skr2.077 million in the fourth quarter of 2011. This compares with a loss of Skr463 million the same period the year before.
Sweden unveil its fastest trains so far - the SJ3000 today went out for a spin
Monday, 06 February 2012Swedish new fast commuter train, the SJ3000 was this morning exposed to the elements and tested for what it was designed for. It is the high speed SJ3000 which made a maiden drive departing from Sundsvall this morning via Gävle to Stockholm.