SAS Braathens expects current price level to hold - report.
Norwegian airline SAS Braathens, part of SAS Group, is reportedly expecting the current price level to allow a considerable profit in 2006.
SAS Braathens' new head Petter Jansen said in an interview with the Norwegian business newspaper Dagens Naeringsliv that only higher interest rates or a significant increase in fuel prices could force a new price hike.
SAS Braathens increased its return ticket prices by NOK90-380 in August.
Jansen said that Braathens after its merger with SAS would have a turnover of NOK10-11bn, and that the aim was to reach an operating profit of some NOK1bn by the end of 2006.
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|Publication:||Airline Industry Information|
|Article Type:||Brief Article|
|Date:||Sep 2, 2004|
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