SAS Group
Financials
Estimates*
SEK | 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | 39.7b | 39.5b | 42.7b | 46.7b | 20.5b | 14.0b | 31.8b |
% growth | 4 % | - | 8 % | - | (56 %) | (32 %) | 128 % |
Profit | 956m | 1.3b | 1.1b | 621m | (9.3b) | (6.5b) | (7.0b) |
% profit margin | 2 % | 3 % | 3 % | 1 % | (45 %) | (47 %) | (22 %) |
Date | Investors | Amount | Round |
---|---|---|---|
* | SEK7.0b | Post IPO Debt | |
* | SEK7.7b | Post IPO Debt | |
Total Funding | - |
Recent News about SAS Group
EditSAS Group, operating under the brand name SAS, is a leading airline in Scandinavia, providing frequent and competitively priced flights for both business and leisure travelers. The company serves a diverse clientele, including corporate clients, frequent flyers, and tourists, offering over 800 scheduled flights daily to 125 destinations across Europe, the US, and Asia. SAS operates within the aviation market, leveraging its membership in the Star Alliance to provide a comprehensive global network and seamless connections for its passengers. The business model focuses on making travel easier and more convenient for frequent travelers by offering a high number of departures and attractive pricing. Revenue is generated primarily through ticket sales, ancillary services, and partnerships within the Star Alliance network. SAS also emphasizes sustainability and community support as part of its corporate strategy.
Keywords: aviation, Scandinavia, frequent travelers, business travel, leisure travel, Star Alliance, global network, sustainability, competitive pricing, seamless connections.