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SAS’s main shareholders are expected to support the Board of Directors’ proposal for an authorization.The Board has not resolved on utilizing a potential authorization, but would, pursuant to the evaluation of alternative financing methods, wish to have the possibility to pass such resolution if the market conditions and other conditions are favourable.SAS has collected all releases provided to the Stock Exchanges in Copenhagen, Oslo and Stockholm and releases in accordance with the EU regulation No 596/2014 on market abuse (Marknadsmissbruksförordningen (MAR)) under the header ‘Capital market’ below. • Scheduled number of passengers amounted to 1.9 million in December.The Board of Directors of SAS AB (publ) has resolved on a partial compulsory redemption of not more than 4,900,000 preference shares, corresponding to 7 out of 10 outstanding preference shares, for total redemption proceeds of not more than approximately MSEK 2,580, with effect from 9 February 2018.• Scheduled traffic (RPK) decreased 3.8% and the capacity (ASK) was up 1%. • The preliminary currency adjusted yield increased 5% and the PASK was flat in December 2017 vs. The nominal yield increased 2% and the PASK decreased 3% in December 2017 vs. SAS has today appointed Torbjørn Wist as new Executive Vice President and Chief Financial Officer (CFO) after Göran Jansson, who will assume the overall responsibility for Group Strategy, SAS Growth Initiatives, aircraft fleet and strategic sourcing.versus last year to 76.2%.• Scheduled number of passengers amounted to 2.6 million in September• The preliminary currency adjusted yield increased 1% and the PASK was down 1% in September 2017 vs. The nominal yield was unchanged and the PASK was down 2% in September 2017 vs. In previously published interim reports, SAS AB (”SAS”) has announced that various alternative financing methods actively are being evaluated in order to reduce SAS’s financing costs.In accordance with this, SAS intends to call for an Extraordinary General Meeting, to be held on 3 November, with a proposal to authorize the Board of Directors to be able to resolve on issuing not more than 66 million common shares with disapplication of the shareholders’ preferential rights, corresponding to nearly 20 % of the total number of common shares in issue.Star Alliance returned to Frankfurt, the place of its birth, to celebrate 20 years of “Connecting People and Cultures”.
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In addition to this, SAS is giving its customers more access to popular destinations with expanded summer service to Portugal, Spain, Croatia and Italy.
And as a response to the increased interest in leisure travel, expanded non-stop flights from several of its hubs to popular summer destinations.
Information about the Nomination Committee's composition was published...• Scheduled traffic (RPK) increased 6.7% and the capacity (ASK) was up 8.8%. • The preliminary currency adjusted yield increased 1% and the PASK decreased 1% in July 2017 vs. The nominal yield increased 2% and the nominal PASK was unchanged vs. SAS - Scandinavian Airlines continues to invest in its SAS Lounges and have now opened the newly renovated lounge at Newark Liberty International Airport (terminal B).
The 100 sqm larger lounge creates an exclusive space for SAS travelers to relax or work in front of their flight.• Scheduled traffic (RPK) increased 6.2% and the capacity (ASK) was up 7.1%.• The load factor decreased by 0.7 p.u.