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Air France
Higher costs hit SAS owner
Higher costs and negative consequences of the Olympic Games in Paris led to a decline in SAS owner Air France-KLM's results during the third quarter, according to a report published by the company on Thursday. During the quarter, the airline earned 824 million euros, equivalent to approximately 9.
Air France plane flew over Iraq during attack
Air France has launched an investigation after one of the company's aircraft flew into Iraqi airspace when Iran last week fired a barrage of missiles towards Israel – missiles that crossed Iraq. .
Airline stops travel to Lebanon
International airlines have cancelled a large number of flights to Lebanon since the crisis escalated between Hezbollah and Israel. Earlier, many airlines had already reduced air traffic to mainly Lebanon, but several companies have also avoided flying to Tel Aviv in Israel or Tehran, Iran's capital.
The last day for SAS shares
The last day for trading in airline SAS's existing shares on the stock exchanges in Stockholm, Oslo, and Copenhagen will be tomorrow, Tuesday, August 13, writes SAS in a press release. It will also be the last day for trading with the company's listed so-called hybrid bonds.
Thousands of Swedes in Lebanon – urged to leave
As many as 10,000 Swedish citizens may be in Lebanon, according to the Ministry for Foreign Affairs' assessment. In the event of an escalated conflict in the area, people risk being trapped.
Risk of Strikes as Paris Olympics Open
With only hours left until the Olympic opening ceremony in Paris, a threat of strike hangs like a dark cloud over the city, affecting both airport staff and dancers. .
EU gives green light to Lufthansa's ITA purchase
The German airline Lufthansa has received clearance from the EU Commission for its investment in the state-controlled Italian airline ITA Airways of 325 million euros (equivalent to 3. 7 billion kronor).
Olympic Slap in the Billion Class for Air France
Tourists are avoiding summer trips to Paris due to the Olympic Games in the French capital, according to the French airline Air France. Higher ticket prices and a high risk of traffic disruptions are scaring off many potential Paris visitors, according to the French airline, which estimates the revenue loss to be 160-180 million euros (1.
The EU Commission gives SAS the green light
The EU Commission has approved the Swedish and Danish state's participation in SAS's reconstruction process, after examining it against EU rules for state aid. "The approval is another important step forward for SAS's transformation plan and ongoing reconstruction procedures", the airline writes in a press release.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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