Has SAS management done enough deals for the airline to ever again make any profit

SAS has again proven that they despite all their renegotiated deals with staff and suppliers can't make money with the current debth mountain. Which they probably ain't paying on anyway these days. Question is how then will that change when/if they come out of chapter 11.

Another negative month was announced by SAS. Quarter of a billion swedish krona they losst in September after -638 million in August. That is better on approx the same income but still a way to go. And another reduction in liquid cash. Wonder if the winning bidder let SAS management ringfence some of that for ch11 exit bonuses. 

From this month income will reduce even more into the winter season. Question is will the outgoings reduce accordingly. Doubtfull since almost all airlines loose money in the winter season, meaning their outgoings don't reduce as much as the downfall in their income. That SAS should do better is beyond even the fantasies of the largest optimists. 

What SAS need is some more concentration on operations and freight. Meaning generate more income. Top managements concentration on better deals, for the company, with employees and suppliers, plus financial acrobatics har run its course and given what it has given. Now its time to get serious about the nitty gritty of running an airline. 

It will be another 6 to 8 months before we see if SAS forward have an impact at all. Meaning SAS is due to exit chapter 11 without producing any profit first. And being supported by an airline that isn't either making profit. 

We still have to see if their new suitors actually come up with any money. So far they have just wanted money from SAS without actually commiting to giving any. No wonder the financier for SAS during the chapter 11 process that did not win the bid for taking SAS into the future, is nervous about getting anything of their loan back. So much so that they have attempted to block even a modest 3 mill outlay from SAS to the winning consortium.

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