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SAS Cargo reaches profitability record

Stockholm, Sweden - 2005 was the Scandinavian cargo airline's best year

Scandinavian SAS Cargo airline got its best profitability result in 2005, with revenue of EUR 356m and a profit (EBT) of EUR 7,3m. Though the fierce market, characterized by huge overcapacity and imbalance in the flow of goods between Asia and Europe, caused yield decrease, SAS Cargo’s management team decided on a strategic profit growth plan aiming at capacity: then its agreements with Lufthansa C...

AVIONEWS - World Aeronautical Press Agency - 136685

AVIONEWS - World Aeronautical Press Agency
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