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Company Watch - SAS Scandinavian Airlines.


Oct 1, 2007

SAS (1) (SAS Institute Inc., Cary, NC, www.sas.com) A software company that specializes in data warehousing and decision support software based on the SAS System. Founded in 1976, SAS is one of the world's largest privately held software companies. See SAS System.  Scandinavian Airlines said on Sept. 28 it planned to restart To resume computer operation after a planned or unplanned termination. See boot, warm boot and checkpoint/restart.  flights using its Bombardier DHC-8-Q400 planes on October 4. SAS has been forced to cancel hundreds of flights because its fleet of Dash 8 Q400 aircraft have been grounded after two SAS planes crash-landed due to undercarriage problems. "SAS will deploy the first Q400 aircraft on Thursday, October 4, with the remaining Q400 aircraft returning to operation during the following days," the company said in a statement. Sep 28, 2007

Last week, the Danish Civil Aviation Administration (CAA Caa

See CCC.
) said the flight ban on SAS Scandinavian Airlines Bombardier DHC-8-Q400 aircraft would be lifted gradually as each plane is inspected. The CAA currently holds the rotating ro·tate  
v. ro·tat·ed, ro·tat·ing, ro·tates

v.intr.
1. To turn around on an axis or center.

2.
 chairmanship of Scandinavian aviation authorities, which also include Sweden and Norway. Half of SAS is owned by the governments of Sweden, Denmark and Norway. Sep 25, 2007

SAS Scandinavian Airlines said on Sept. 25 it expected its fleet of Bombardier DHC-8-Q400 aircraft to remain grounded for at least another week after crash landings earlier this month due to undercarriage failures. "We estimate that the required inspections and replacements of components will keep our Q400 (aircraft) on the ground for at least another week," SAS said in a statement. SAS, which has cancelled hundreds of flights since September 12, has said grounding the 27 planes, made by Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma.  firm Bombardier, costs up to SEK SEK

In currencies, this is the abbreviation for the Swedish Krona.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
15 million kronor per day. Sep 25, 2007

SAS Scandinavian said it is not yet able to estimate the potential total financial damage from the grounding of its 27 Bombardier DHC-8-Q400s, now in its 17th day. The carrier has said it is losing about SEK10-SEK15 million ($1.5-$2.3 million) daily. A spokesperson said that SAS is wet-leasing several aircraft from other companies to allow it to operate an "emergency" schedule. "The number of aircraft we lease varies every day," the spokesperson explained. Sep 28, 2007

SAS Sweden, which normally flies seven Bombardier DHC-8-Q400s daily, has been able to operate a relatively regular schedule. "In Sweden we can handle the situation quite well [because] we can use capacity from SAS Norway and from our subsidiary Finland Blue1," the spokesperson said. The main problem is with SAS Denmark; on Sept. 26, SAS cancelled 60 flights to and from Copenhagen. The spokesperson said the airline does not know when the first Q400 will be airborne airborne /air·borne/ (ar´born) suspended in, transported by, or spread by air.
airborne,
adj carried through the air. In health care settings, viruses or bacteria may become airborne, e.g.
 again; "We have to do test flights and then we make the decision on when we start service again." Sep 28, 2007

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Publication:Airguide Online
Date:Oct 1, 2007
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