SAS secures savings; returns aircraft

SAS has reported that it has secured savings of $200 million through to 2026 from a new collective bargaining deal reached with most of its pilots following the two-week strike in July. The new collective labour agreements are described as an essential component of the SAS FORWARD plan – the major restructuring of the airline announced in February 2022. Court documents filed in New York as part of the airline’s Chapter 11 proceedings, further indicate that the airline is requesting the return of 10 more aircraft to lessors to reduce its overall expenditure. The aircraft concerning include three A320neos leased