The downfall of SAS
Right. Where do I start. How about back in the ninties. SAS did not recognise the threat of running in the reds early enough. They had enough cash anyway. Some years later they stopped recruitment. All of a sudden, it was revealed that the big giant was stumbling. At that point, around 2002, SAS passed PNR. They've been top heavy for many years but never been able to change the 10 to 1 ratio. Compared to Ryanairs 1 to 10. They've begged the government for money several times. Last time a year ago, it was made clear that this was the last time. Now the SAS Director of Finance said recently that everything is sold off and now they have to make money. After 18 consecutive years making a loss. So, how can anyone want to rejoin such a company? I'm quite puzzled. Have I misunderstood something?