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SAS AB (publ) (SASDY)

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  • SAS increases flights from Scandinavia to the United States
    PR Newswire

    SAS increases flights from Scandinavia to the United States

    "We are delighted to improve the connectivity for both passengers and air freight to and from Scandinavia from all three capitals as the demand increases. From September 2, SAS will reintroduce the route Stockholm-New York, in addition to the current direct routes from Copenhagen and Oslo," says Karl Sandlund, acting CEO of SAS.

  • Moody's

    SAS Denmark-Norway-Sweden -- Moody's downgrades SAS' CFR to Caa1, outlook negative

    Rating Action: Moody's downgrades SAS' CFR to Caa1, outlook negativeGlobal Credit Research - 19 Mar 2021Frankfurt am Main, March 19, 2021 -- Moody's Investors Service, ("Moody's") has today downgraded the corporate family and probability of default ratings of SAS AB (`SAS´) to Caa1 / Caa1-PD from B3 / B3-PD respectively. SAS' Baseline Credit Assessment (BCA) has been downgraded to caa2 from caa1. Concurrently the agency has downgraded SAS Denmark-Norway-Sweden's backed senior unsecured MTN programme rating to (P)B3 from (P)B2 and the instrument rating of its Swiss Franc Perpetual guaranteed subordinated notes to Caa2 from Caa1.

  • Moody's

    SAS Denmark-Norway-Sweden -- Moody's announces completion of a periodic review of ratings of SAS AB

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of SAS ABGlobal Credit Research - 03 Mar 2021Frankfurt am Main, March 03, 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of SAS AB and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 25 February 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.