Flyprat


Go Back   Flyprat > Flyforum

Notices

Reply
 
Thread Tools Display Modes
Old 08-11-2007, 09:11   #1
sail4fun
ScanFlyer Mile High Club
 
sail4fun's Avatar
 
Join Date: Sep 2004
Location: NO
Posts: 10,014
SAS SAS Group Interim Report January-September 2007

SAS Group Interim Report January-September 2007

Key ratios for the period

· Operating revenue: MSEK 46,995 (45,468) (+3.4%)

· Number of passengers: 31.1 million (+6.2%)

· Earnings before nonrecurring items in continuing operations: MSEK 982 (239)

· EBT margin before nonrecurring items: 2.1% (0.5%)

· Net income for the period: MSEK 1,261 (93)

· Earnings per share: SEK 7.50 (0.09)

Comments by the CEO

Unfortunately, the recent months have been characterized by problems with our Dash 8 Q400 aircraft. In September, we had two accidents involving emergency landings due to problems with the landing gear. After being grounded for several weeks, with extensive replacements and inspections, the aircraft were successively brought back into operation. Unfortunately, on October 27, there was another emergency landing with the same aircraft type, once again as a result of problems with the landing gear, but with a different cause. Taking into consideration our customers, our employees and our brand, which is characterized by a focus on safety, punctuality and regularity, the management and Board of Directors decided to immediately discontinue all operations using this type of aircraft. The decision is unique and severe, but necessary.

We are now working intensively to deploy replacement capacity in various forms.
We expect to be able to commence implementation of a long-term solution during the second half of 2008. The direct effect on earnings for the full year is estimated at MSEK 600-700, of which MSEK 200 pertains to the third quarter. We are involved in discussions with aircraft manufacturer Bombardier to identify potential solutions relating to the Q400 fleet, including compensation.

Despite the problems described above, we were once again gratified to achieve a
record number of passengers during the quarter and have transported nearly 41
million passengers in the past 12 months.

The airline business is generally performing extremely well. For Scandinavian Airlines, the trend over the past nine months has resulted in an earnings improvement of slightly less than SEK 1 billion. Both Scandinavian Airlines Sverige and Scandinavian Airlines Norge have results that exceed or are close to the Group's profitability requirement. Scandinavian Airlines Danmark improved its earnings month by month, despite problems with strikes and the Q400.
Widerøe, Blue1 and airBaltic also recorded strong improvements in earnings. The earnings improvements by the airlines are attributable to a strong market, improved concepts, efficient control and traffic optimization, as well as continued cost measures.

The strategy plan launched in June (S11) is now being implemented with full force. For our customers, we have introduced a number of innovations and we are proceeding with concept development and harmonization. We have also launched a special focus on leisure travelers, starting in Norway, with 12 new destinations at reduced prices. We have also decided to expand our intercontinental fleet by one aircraft to open the Copenhagen-Delhi and Copenhagen-San Francisco routes.
During the quarter, shares were sold in the Spanish ground handling company Newco and the process for the divestment of Spanair was started. The work to evaluate the future structure of SGS, STS and terminal handling at SAS Cargo is continuing and a decision will be made in December. Our cost program, comprising many components, is continuing with a large number of projects and we will gradually see the effects.

Unfortunately, the year has been characterized by several negative events that have affected our customers and employees, as well as having a negative impact on earnings. However, I am convinced that we will be stronger for this experience and, with the help of S11, will create a strong, sustainable and profitable SAS.

Mats Jansson
President and CEO

Direct questions to:
Investor Relations SAS Group:
Vice President Sture Stølen
+46 8 797 14 51, e-mail: investor.relations@sas.se

------------------------------------------------------------
This information was brought to you by Cision http://newsroom.cision.com The following files are available for download:
http://wpy.waymaker.net/client/wayma...fn=wkr0011.pdf The full report
sail4fun is offline   Reply With Quote
Old 08-11-2007, 09:13   #2
MD90
ScanFlyer Blue
 
MD90's Avatar
 
Join Date: Sep 2004
Posts: 451
Default Re: SAS Group Interim Report January-September 2007

I rapporten står det at SAS har besluttet å öke Intercont-flåten og starte CPH-DEL samt CPH-SFO.
MD90 is offline   Reply With Quote
Old 08-11-2007, 09:20   #3
sail4fun
ScanFlyer Mile High Club
 
sail4fun's Avatar
 
Join Date: Sep 2004
Location: NO
Posts: 10,014
Default Re: SAS Group Interim Report January-September 2007

Quote:
Originally Posted by MD90 View Post
I rapporten står det at SAS har besluttet å öke Intercont-flåten og starte CPH-DEL samt CPH-SFO.
Ja, ser der ja

Quote:
The strategy plan launched in June (S11) is now being implemented with full force. For our customers, we have introduced a number of innovations and we are proceeding with concept development and harmonization. We have also launched a special focus on leisure travelers, starting in Norway, with 12 new destinations at reduced prices. We have also decided to expand our intercontinental fleet by one aircraft to open the Copenhagen-Delhi and Copenhagen-San Francisco routes.
sail4fun is offline   Reply With Quote
Old 08-11-2007, 09:24   #4
CK
ScanFlyer Mile High Club
 
CK's Avatar
 
Join Date: Sep 2004
Location: Asker
Posts: 11,486
Default Re: SAS Group Interim Report January-September 2007

et resultat omtrent sånn midt på treet av det analytikerne hadde ventet etter det jeg kan huske.
DEL og SFO er jo spennende - noen som har klart å snuse opp oppstart og tidtabell for de nye rutene. Blir det en ny A330 eller A340?
__________________
Christian H.F. Kamhaug
Flypodden.no

VOLARE NECESSE EST
CK is offline   Reply With Quote
Old 08-11-2007, 09:41   #5
Balle Chlorin
ScanFlyer Blue
 
Join Date: Aug 2006
Posts: 371
Default Re: SAS Group Interim Report January-September 2007

De bekrefter også at en avgjørelse angående SGS og STS vil bli tatt i Desember.
Balle Chlorin is offline   Reply With Quote
Old 08-11-2007, 09:44   #6
Someone
ScanFlyer Inventory

Global Moderator
 
Someone's Avatar
 
Join Date: Jan 2006
Location: Hvalstad
Posts: 62,631
Default Re: SAS Group Interim Report January-September 2007

Quote:
Originally Posted by CK View Post
et resultat omtrent sånn midt på treet av det analytikerne hadde ventet etter det jeg kan huske.
Netto resultatet var bedre enn forventet, mens driftresultatet var dårligere enn forventet. Uansett så er SAS på rett vei.

Blir spennende å se hva slags nytt fly de får inn og når det kommer
__________________
Upcoming flights - 2024 JUN: OSL-MAD-LIS (IB) JUL: LIS-CDG-OSL (AF) OCT: OSL-FRA-DEN-LAS-DEN-FRA-OSL (LH/UA)
Since 1/1/2006
Someone is offline   Reply With Quote
Old 08-11-2007, 09:46   #7
amatør
ScanFlyer Gold
 
Join Date: Sep 2004
Location: Oppegård
Posts: 1,729
Default Re: SAS Group Interim Report January-September 2007

Var det ikke "store" ord om OSL-ORD og OSL-BKK for en tid tilbake hvis SAS fikk inn flere fly i flåten, sto ingenting om det her ?!?!?
amatør is offline   Reply With Quote
Old 08-11-2007, 09:55   #8
sail4fun
ScanFlyer Mile High Club
 
sail4fun's Avatar
 
Join Date: Sep 2004
Location: NO
Posts: 10,014
Default Re: SAS Group Interim Report January-September 2007

Quote:
Originally Posted by Balle Chlorin View Post
De bekrefter også at en avgjørelse angående SGS og STS vil bli tatt i Desember.
Og STS og SGS tallene var ikke pene
sail4fun is offline   Reply With Quote
Old 08-11-2007, 10:03   #9
Balle Chlorin
ScanFlyer Blue
 
Join Date: Aug 2006
Posts: 371
Default Re: SAS Group Interim Report January-September 2007

Hvor leser du det om SGS?
Balle Chlorin is offline   Reply With Quote
Old 08-11-2007, 10:07   #10
sail4fun
ScanFlyer Mile High Club
 
sail4fun's Avatar
 
Join Date: Sep 2004
Location: NO
Posts: 10,014
Default Re: SAS Group Interim Report January-September 2007

http://news.cision.com/wpyfs/00/00/0...31/wkr0011.pdf side 7
sail4fun is offline   Reply With Quote
Old 08-11-2007, 10:24   #11
Balle Chlorin
ScanFlyer Blue
 
Join Date: Aug 2006
Posts: 371
Default Re: SAS Group Interim Report January-September 2007

Der ja. Et lite underskudd gjør vel ikke akkurat at kjøperne står i kø..... Men på en annen side så er det kanskje ikke så interresant å beholde noe som man taper penger på...
Balle Chlorin is offline   Reply With Quote
Old 10-11-2007, 14:57   #12
Someone
ScanFlyer Inventory

Global Moderator
 
Someone's Avatar
 
Join Date: Jan 2006
Location: Hvalstad
Posts: 62,631
Default Re: SAS Group Interim Report January-September 2007

Eller var det interesant å lese at SAS hevder at joint-venture avtalen mellom SAS, BMI og Lufhansa på ruter til og fra UK vil i 2007 koste SAS alene 800mill SEK som er et betydlig tap og det er vel ingen tvil om at denne avtalen må være en av tidenes dårligste, men heldigvis for SAS går denne avtalen ut etter 2007 for den har opp gjennom årene kostet SAS flere milliarder.

Det eneste virkelige tapsluket dette kvartalet er STS som blør penger, og det er i mine øyne SAS Danmark som imponerer mest og det virker som om hele SAS Airline begynner å tjene penger, selv om det bør forbedres ytterligere
__________________
Upcoming flights - 2024 JUN: OSL-MAD-LIS (IB) JUL: LIS-CDG-OSL (AF) OCT: OSL-FRA-DEN-LAS-DEN-FRA-OSL (LH/UA)
Since 1/1/2006
Someone is offline   Reply With Quote
Old 10-11-2007, 16:25   #13
fokkeren
ScanFlyer Blue
 
Join Date: Nov 2006
Posts: 393
Default Re: SAS Group Interim Report January-September 2007

STS tapte 205 MSKR.
Det blir spennende hva som skjer i Desember SGS og STS.
Frykter det blir solgt slik som BTS og SAS Component.
fokkeren is offline   Reply With Quote
Old 10-11-2007, 17:03   #14
BSSW
Browncoat
 
BSSW's Avatar
 
Join Date: Oct 2007
Posts: 6,251
Default Re: SAS Group Interim Report January-September 2007

BTS ble ikke solgt, det ble lagt ned.

Deler av SAS Component er fremdeles i Sas. Sas eier 33% av SAS Component Group (SCG)
BSSW is offline   Reply With Quote
Old 10-11-2007, 17:27   #15
fokkeren
ScanFlyer Blue
 
Join Date: Nov 2006
Posts: 393
Default Re: SAS Group Interim Report January-September 2007

Beklager,mente lagt ned
Hvordan går det SAS Comp.,kjøper Singapore Tech de siste 33%?
fokkeren is offline   Reply With Quote
Old 10-11-2007, 17:30   #16
BSSW
Browncoat
 
BSSW's Avatar
 
Join Date: Oct 2007
Posts: 6,251
Default Re: SAS Group Interim Report January-September 2007

Det vet jeg faktisk ikke, gi meg en uke eller to så skal jeg klare å finne ut noe
BSSW is offline   Reply With Quote
Old 10-11-2007, 18:03   #17
fokkeren
ScanFlyer Blue
 
Join Date: Nov 2006
Posts: 393
Default Re: SAS Group Interim Report January-September 2007

Tusen takk,forsatt god (h)elg
fokkeren is offline   Reply With Quote
Old 10-11-2007, 18:25   #18
BSSW
Browncoat
 
BSSW's Avatar
 
Join Date: Oct 2007
Posts: 6,251
Default Re: SAS Group Interim Report January-September 2007

I like måte. Feire med måte (at det er helg)
BSSW is offline   Reply With Quote
Old 12-11-2007, 12:53   #19
Someone
ScanFlyer Inventory

Global Moderator
 
Someone's Avatar
 
Join Date: Jan 2006
Location: Hvalstad
Posts: 62,631
Default Re: SAS Group Interim Report January-September 2007

http://borsen.dk/webtv?&clipid=1227&tabtype=tv_nyheder

Intervju med Jansson hvor Q400, streiker og ekspansjon tas opp
__________________
Upcoming flights - 2024 JUN: OSL-MAD-LIS (IB) JUL: LIS-CDG-OSL (AF) OCT: OSL-FRA-DEN-LAS-DEN-FRA-OSL (LH/UA)
Since 1/1/2006
Someone is offline   Reply With Quote
Old 23-11-2007, 18:28   #20
BSSW
Browncoat
 
BSSW's Avatar
 
Join Date: Oct 2007
Posts: 6,251
Default Re: SAS Group Interim Report January-September 2007

Quote:
Originally Posted by fokkeren View Post
Beklager,mente lagt ned
Hvordan går det SAS Comp.,kjøper Singapore Tech de siste 33%?
Slik jeg har forstått det så vil Singapore Tech. kjøpe opp resten. Om/når/hvis, vet jeg ikke.

Singapore vil ihvertfall utvide Sas Comp. avd OSL, gjerne flytte fra Sas hangaren også. Men de har en avtale gående der. Så hvor lenge den avtalen er på vet jeg ikke
BSSW is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
SAS Group*Interim Report January-September 2010 sail4fun Flyforum 15 10-11-2010 21:33
SAS Group Interim Report January - September 2008 sail4fun Flyforum 15 05-11-2008 22:44
SAS Group Interim Report January-June 2007 Jens W Flyforum 3 09-08-2007 10:08
SAS Group Interim Report January-March 2007 sail4fun Flyforum 10 04-05-2007 15:24
SAS Group Interim Report January-September 2006 sail4fun Flyforum 8 08-11-2006 12:19


All times are GMT +2. The time now is 23:57.


Feedback Buttons provided by Advanced Post Thanks / Like (Lite) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
Copyright Foreningen Flyprat, Scanair og bidragsytere. Enkelte ikoner fra Famfamfam CC-BY.