Due to staff shortages and delayed deliveries of aircraft, the Scandinavian Airlines (SAS), the flag carrier of Denmark, Norway, and Sweden, is set to cancel around 4,000 flights this summer, Swedish financial daily Dagens Industri (DI) said in a report .
The staff shortages are a result of the Covid-19 pandemic since around 5,000 employees were laid off as demand for international and domestic flights plummeted, Xinhua news agency quoted the DI report as saying on May 10.
An official from the Stockholm-headquartered airline said that most canceled flights will be rescheduled for the same day, to avoid leaving stranded passengers.
The news about the cancellations came less than three months after the airline announced it was in financial trouble.
An interim financial report released in February showed the company’s earnings before tax stood at a negative 2.6 billion Swedish crowns ($ 260 million) for the period November 2021-January 2022.
Compared with the same period in 2019, before the Covid pandemic struck, total revenues were down 42 percent.
SAS, therefore, announced it would “aggressively pursue reducing costs” by 7.5 billion Swedish crowns annually, by adjusting its fleet and product offerings, among other things.
(With inputs from IANS)