Fact is that nobody is making money these days. Even allmighty Lufthansa is showing red numbers. Finnair aren`t expecting profits until the end of NEXT year. The thing that can keep SAS afloat is their equity. They have a lot of equipment that has a certain market value, which they can sell off (and lease as little as they need) to keep flying. But they are very close to the edge for sure. I think we all know where the problem lies, and they keep on not wanting to take responsibilty for their actions and previous actions. Perhaps SAS should go bust
. And perhaps SAS Norway (or call it whatever really) should arise from the ashes and continue to be somewhat profitable and not use their profits to subsidize those who never make a profit?
In any case there is room and need for 2 airlines in Norway. 1 traditional and 1 lowcost to keep both at their feet. I fear what will happen if SAS go bust and FR are knocking at the door
