Decision on structural changes to SAS Group companies

The Board of Directors of SAS AB has decided on the future structure of SAS Ground Services (SGS), SAS Technical Services (STS) and Spirit (terminal management within SAS Cargo).Until further notice, SGS will remain an independent subsidiary of the SAS Group, provided that the company can improve a number of quality and profitability targets, which have been agreed by management and the trade unions, within 18 months. One of the requirements is an improvement in costs within SGS of approximately SEK 400 M.

At STS, heavy maintenance of the Boeing 737 Classic will be conducted outside Scandinavia in future. The SAS Board has decided that Spirit Air Cargo Handling, which is part of SAS Cargo, will be divested.

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