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Excerpt from:  Europe Supply Chain and Logistics Strategy
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February 08, 2008

SAS sells Spirit Air Cargo and puts ground handling unit on an improvement plan

SAS sets a cost savings of 63.1 million US dollars for the ground handing unit

SAS will sell off its Spirit Air Cargo handling unit but will keep its ground service unit as an independent subsidiary if it meets its targets which include cost reductions.  SAS stated that the “ground service unit quality and profitability targets over the next 18 months” have been set “as agreed with unions.”  SAS would like a costs savings of 63.1 million US dollars. 

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PermalinkDecision on structural changes to SAS Group companies
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