SAS , fait les comptes aprés s'être (Couteusement) débarassé de Spanair, principale cause de ses pertes !
Restructuration violente et redimentionnement du réseau et de la flotte en vue !
SAS va (Cherche à) recapitaliser à hauteur de 6 billion Skr, aprox. le montant des pertes, éloignant la perspective d'une vente ou merger !
Noter que AF et LHA ont visité Stockholm sans grands résultats, apparemment !
----------------- L'article USA Today/ AP Extrait ----------------------
SAS announces massive overhaul after Q4 loss
By Louise Nordstrom, Associated Press Writer
STOCKHOLM — Scandinavian airline group SAS on Tuesday announced a massive overhaul of the company — a 40% cut in staff, divestments and a plan to raise 6 billion kronor ($720 million) from shareholders — after losses widened in the fourth quarter.
The struggling company said it would reduce its staff from 23,000 to 14,000, mostly by selling subsidiary airlines but also by laying off 3,000 SAS employees.
The announcement came as SAS said its fourth quarter net loss had swelled to 2.8 billion kronor from a loss of 596 million kronor in the same period in 2007.
Sales shrunk to 12.9 billion kronor from 13 billion kronor a year earlier.
The Stockholm-based company said it plans to streamline operations to focus on business travelers in the Nordic market. Last week, SAS sold an 80-percent stake in its lossmaking Spanair unit to Spanish investors for only euro1 ($1.3). It has also sold its stake in Latvian airline airBaltic.
SAS said it would also sell stakes in other subsidiaries, including Spirit, Air Greenland, BMI, Estonian Airways, Skyways, Cubic and Trust.
Chief Executive Mats Jansson said the changes would make the company "profitable and competitive," after what he called "one of the most challenging and turbulent years" ever for the aviation industry.
"We saw a period of record-high oil prices, a financial crisis that heavily intensified during the final quarter and which led to an economic recession in many markets," Jansson said.
About 5,600 employees would leave the group as part of sold or outsourced operations, including 3,000 at Spanair, SAS said.
It also said it would cut 16 aircraft from its fleet: 14 on short-and medium haul flights and two on its long-haul flights. Unprofitable routes would be abandoned.
To pay for the reorganization, SAS said it would seek to raise 6 billion kronor in a rights issue supported by the three Scandinavian governments that own 50% of the company, as well as the largest private shareholder, Sweden's powerful Wallenberg family.