SAS launches Houston flight for oil meet

Scandinavian airline SAS is to launch the first direct flights between Stavanger and Houston in time for the biannual Offshore Northern Seas (ONS) oil conference in August.

SAS launches Houston flight for oil meet
An SAS 737 plane. Photo: Wikimedia Commons
The route will be served by a Boeing 737-700, with all of the economy class seating stripped out to make way for 44 comfortable, business-class passengers. 
The flight will operate every day except for Saturdays. 
“The route we have established is a tailored product for a defined market with particular travel needs,” Rickard Gustafson, the President and CEO of SAS, said in a statement. 
“The favourable timetable provides excellent connections throughout Scandinavia in both directions, while Houston is a hub for places to the south and west such as Mexico, Los Angeles, Dallas and Phoenix with the Star Alliance.” 

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Airline SAS reports gigantic loss due to coronavirus

Scandinavian airline SAS says it has registered the biggest loss in the company’s history, due to a loss of trade resulting from the coronavirus.

Airline SAS reports gigantic loss due to coronavirus
Photo: Martin Sylvest/Ritzau Scanpix

The company’s results from November 2019 to October 2020 show a loss of 9.3 billion Swedish kronor (6.8 billion Danish kroner or 907 million euros).

The results were published early on Thursday.

In the previous accounting year, from November 2018 to October 2019, SAS posted a profit of 0.6 billion kronor (0.4 billion kroner or 58 million euros).

Covid-19 is the primary reason for the disastrous annual result, CEO Rickard Gustafson said.

“SAS is naturally no exception (from the coronavirus crisis), and our revenues in the current quarter and accounting year were badly affected by the ongoing pandemic,” Gustafson said.

Although demand improved during the summer, the return of high levels of infection spread in September and October and subsequent travel restrictions impacted the company.

READ ALSO: Sweden and Denmark dig deeper to save SAS