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Showing posts with the label income

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 concent

Ailines missing a trick with masks

Airlines that don't supply masks free in CoVid19 times could let the demand for masks improve their income. Sell them at checkin and when they check at boarding that all passengers where masks they should at the same time offer them for sale. Also on board for they who need a replacment. Charge somthing that can easily be bagged and counted later. The mask itself is the receipt for they who asks. Since Lidl is charging 49 Euro for a pack of 50 masks I would suggest to charge 2 Euro per masks to passengers. Or 20 Nkr. Basically something round at a common coin size that can be easily collected handsfree and don't require change.