SAS Annual Report 2013/2014

The results for the 2013/2014 fiscal year reflect a year characterized by substantial overcapacity and pressure on yield and unit revenue, and in which market conditions stabilized slightly toward the end of the year.

During the period, SAS completed implementation of the restructuring program started in November 2012. SAS also launched a SEK 2.1 billion program of further cost measures, with full effect in 2017, and completed a SEK 5.1 billion recapitalization during the fiscal year.

Online version of Annual Report