ASIA Travel Tips.com

 

Decision on Structural Changes to SAS Group

Search ASIA Travel Tips .com Latest Travel News Wednesday, 6 February 2008

The Board of Directors of SAS AB has decided on the future structure of SAS Ground Services (SGS), SAS Technical Services (STS) and Spirit (terminal management within SAS Cargo).

Until further notice, SGS will remain an independent subsidiary of the SAS Group, provided that the company can improve a number of quality and profitability targets, which have been agreed by management and the trade unions, within 18 months. One of the requirements is an improvement in costs within SGS of approximately SEK 400 M.

At STS, heavy maintenance of the Boeing 737 Classic will be conducted outside Scandinavia in future.

The SAS Board has also decided that Spirit Air Cargo Handling, which is part of SAS Cargo, will be divested.

"The decision to retain SGS as an independent subsidiary of SAS requires that the company achieves the agreed quality and cost improvements within 18 months. Otherwise, an external solution will be on the cards, for example, by bringing in a part-owner with operations in the ground handling industry or through outsourcing," said Mats Jansson, President and CEO of SAS.

"Implementation of the structural changes will commence immediately," Mats Jansson added. "In addition, we must also accelerate the momentum of the cultural turnaround process and the implementation of Strategy 2011 (S11) at SAS. We have taken too long and used too many resources in this structural decision. We have also perceived threats of unlawful action, which shows very clearly that SAS still has a long way to go before we have a corporate culture in place that is adapted to the competitive situation."

See other recent news regarding: Airlines, Aviation, Hotels, SAS

Subscribe to our Latest Travel News Daily Email Free of Charge by simply entering your email address above, or return to the Latest Travel News Asia main page to see all the latest headlines. You can also stay updated with our RSS Feed Free Travel News RSS Feed and even add the travel news to your website. Have questions? Please read our travel news FAQ.
     
Exclusive HD video interview with the General Manager of The Ritz-Carlton, Bali, Mr. Karim Tayach. In this HD video interview, filmed on the side lines of the AAPA Assembly of Presidents at  The Ritz-Carlton, Bali, we sat down with Ilya Gutlin President, Asia Pacific of SITA to learn more about the company and the future of air travel. Exclusive HD video interview with Mr. Luc Bollen, General Manager of The Park Lane Hong Kong, a Pullman Hotel.
The Ritz-Carlton, Bali Future of Aviation The Park Lane Hong Kong
Aviation Industry Update at AAPA 2015 in Bali.  Andrew Herdman is the Director General of the Association of Asia Pacific Airlines (AAPA) and this is the presentation he gave to a few select aviation journalists at The Ritz-Carlton, Bali on 12 November the day before the General Assembly of Presidents. Exclusive HD video interview with Air Macau's Chairman of the Board and President of Executive Committee, Mr. Zheng Yan Exclusive HD video interview with the General Manager of the JW Marriott Hotel Macau, Mr. Brian Tong.
Aviation Industry Update Air Macau's Chairman JW Marriott Macau
Exclusive HD video interview with Mr. James Mabey, Senior Vice President Development Asia Pacific for the Jumeirah Group Exclusive HD video interview with Ms. Titiya Chooto, General Manager of Anantara Siam Hotel (formerly the Four Seasons Hotel Bangkok). Exclusive HD video interview with Mr. Jonathan Wigley, Founder and CEO of one of Thailand's most successful hotel management and ownership companies.
Jumeirah Group Anantara Siam Bangkok Absolute Hotel Services
This HD video tour of Thai AirAsia X's brand new 337-seat Airbus A330-300 aircraft was filmed at Don Mueang Airport in Bangkok, Thailand on 14 May 2014 Exclusive HD video interview with Mr Wayne Mak, Managing Director of Rhombus International Hotels Group HD video of the interior and exterior of a Thai Vietjet Airbus A320-200.
Thai AirAsia X A330-300 Rhombus Int. Hotels Group Thai Vietjet A320-200
An exclusive HD video interview about the elegant Airbus A350 XWB with David Velupillai, Marketing Director for Airbus Corporate Jets at Singapore Airshow 2014 A very brief glimpse into one woman's amazing journey sailing from California to Terengganu in Malaysia ATR Demonstrates 72-600 Flight Simulator During Singapore Airshow 2014
Airbus A350 Sailing from California to Malaysia ATR Simulator
Inside Qatar Airways Boeing 787-8 Dreamliner - HD Video It takes 800 workers between 65 and 80 days to assemble, install, test, paint, furnish and deliver an Emirates Airbus A380. Showers, Bars, Lounge - The Emirates Airbus A380 Has Them All - HD Video Tour Thai Airways International Takes Delivery of Brand New Boeing 777-300ER
Qatar Airways B787 Emirates A380 Thai Airways B777-300ER

Latest Travel News
Hotel Reservations
     
     
Advertising
Advertising

 
Copyright © 1997-2016 ASIATravelTips.com/TravelNewsAsia.com