Merrilfield
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SKI Financial Results 2007
SAS International recorded an EBT (net result) of 48MSEK for 2007 compared to 169MSEK in 2006. SAS Cargo's contribution to SAS International in 2007 was approximately 90MSEK lower than budgeted, while an increase in the price of fuel, maintenance and flightdeck also affected our profitability in 2007. SAS International would most probably have recorded a better 2007 result had our business not been affected by so many extraordinary events.
During 2007, SAS International carried a total of 1.35 million passengers. Average cabin factor (CF)increased to 81% while yields showed an impressive development.
With our new strategy in place, we now offer a more dynamic traffic program, a better and more flexible price structure, and a product range that surpasses many of our competitors. With all this, I strongly believe that the commercial changes that were carried out during 2007 will make 2008 SAS International's best year to date.
However, the year ahead brings three major challenges: cost reduction, quality improvement and the introduction of a 12th aircraft. If SAS International is to secure a profitable future, then we must successfully reduce our unit costs, through greater efficiency within our organization and related operational costs. This must be complemented by improved quality throughout our product chain – thereby ensuring a product delivery that exceeds our customers' expectations.
This year will be promising as we continue to expand our route network (following the launch of four new routes last year), through the planned addition of a12th aircraft for our Intercont service. We will get back to you with more details of our new routes, once final negotiations have been concluded and we have a definite timeframe, we will get back to you with more details.
:nor
EN:SWE
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SAS International recorded an EBT (net result) of 48MSEK for 2007 compared to 169MSEK in 2006. SAS Cargo's contribution to SAS International in 2007 was approximately 90MSEK lower than budgeted, while an increase in the price of fuel, maintenance and flightdeck also affected our profitability in 2007. SAS International would most probably have recorded a better 2007 result had our business not been affected by so many extraordinary events.
During 2007, SAS International carried a total of 1.35 million passengers. Average cabin factor (CF)increased to 81% while yields showed an impressive development.
With our new strategy in place, we now offer a more dynamic traffic program, a better and more flexible price structure, and a product range that surpasses many of our competitors. With all this, I strongly believe that the commercial changes that were carried out during 2007 will make 2008 SAS International's best year to date.
However, the year ahead brings three major challenges: cost reduction, quality improvement and the introduction of a 12th aircraft. If SAS International is to secure a profitable future, then we must successfully reduce our unit costs, through greater efficiency within our organization and related operational costs. This must be complemented by improved quality throughout our product chain – thereby ensuring a product delivery that exceeds our customers' expectations.
This year will be promising as we continue to expand our route network (following the launch of four new routes last year), through the planned addition of a12th aircraft for our Intercont service. We will get back to you with more details of our new routes, once final negotiations have been concluded and we have a definite timeframe, we will get back to you with more details.
:nor

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