CCO Interview: The state of SAS after joining SkyTeam
2024 has undoubtedly been a year that will be remembered forever in the history of Scandinavian Airlines (SK). The Nordic airline, which had been going through a challenging financial situation since the COVID-19 pandemic, signed in October 2023 a crucial purchase agreement with the Air France-KLM Group, where the Western giant would acquire up to 19.9% of the SAS stake. As part of the agreement, SK agreed to switch alliances and join SkyTeam, founded in 2000 by Air France (AF), among other airlines. This meant that SK would have to abandon the airline alliance it created with its peers 27 years ago. Since September 1, SAS has been fully included in the SkyTeam alliance, announcing new strategic changes to adapt to its new investors' commercial and financial requirements. Story features interview with SAS's CCO, Paul Verhagen, to explain Scandinavian Airlines' financial and operational state at the end of 2024.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2024-10-29/sky/cco-interview-the-state-of-sas-after-joining-skyteam
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CCO Interview: The state of SAS after joining SkyTeam
2024 has undoubtedly been a year that will be remembered forever in the history of Scandinavian Airlines (SK). The Nordic airline, which had been going through a challenging financial situation since the COVID-19 pandemic, signed in October 2023 a crucial purchase agreement with the Air France-KLM Group, where the Western giant would acquire up to 19.9% of the SAS stake. As part of the agreement, SK agreed to switch alliances and join SkyTeam, founded in 2000 by Air France (AF), among other airlines. This meant that SK would have to abandon the airline alliance it created with its peers 27 years ago. Since September 1, SAS has been fully included in the SkyTeam alliance, announcing new strategic changes to adapt to its new investors' commercial and financial requirements. Story features interview with SAS's CCO, Paul Verhagen, to explain Scandinavian Airlines' financial and operational state at the end of 2024.<br/>