Scandinavian Airlines

SAS

SAS to boost capacity – reveals first quarterly profit since 2019

Scandinavian Airlines (SAS) is now looking to ramp-up winter capacity this year, having posted its first quarterly pretax profit since late 2019. This has been achieved through a combination of lower fuel costs, higher ticket prices and strong demand. SAS has been under bankruptcy protection since July 2022, but has achieved a pretax profit of […]

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Willis Lease inks 19 engine sale and leaseback deal with Scandinavian Airlines

Willis Lease Finance Corporation (WLFC), a leading lessor of commercial jet engines, has entered into a transaction to purchase and leaseback a total of 19 jet engines with SAS Group subsidiary Scandinavian Airlines (SAS). Willis Lease will purchase 11 of the engines and Dublin-based Willis Mitsui & Co Engine Support Limited will purchase the remaining

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