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IBTM China
announces the first details of its 2019 event.
Business Intelligence
It figures:
The CTICC’s contribution to GGP, GDP, job creation increases.
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One theme set to dominate 2019,
according to IMEX Group: how to leverage assets
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The Meetings Show’s advisory board
predicts the biggest trends for 2019.
Business Intelligence
ICC Sydney Bolsters Legacy Program,
Unveiling Dedicated Creative Industries Stream.
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IACC partners with industry greats
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Scottish Event Campus (SEC)
submits planning application to create global facility for world class events.
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IBTM Trends Watch report
highlights importance of tech to events industry.
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BestCities
unveil ground-breaking ‘Universal Accessibility in Meetings’ research.
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SAS Initiates Long Haul Fleet Renewal Plan

SAS and Airbus have signed a Memorandum of Understanding for the order of 12 new aircraft. This marks the launch of SAS' long haul renewal plan including eight new A350-900 XWB, four new A330-300 Enhanced and a total upgrade of passenger cabins on the A330/340-fleet.

"I am very happy with today's announcement. Whilst continuing to deliver on our strategy and plan for a profitable SAS, we are succeeding in making fundamental changes that allows us to invest in our future as Scandinavia's leading airline for the benefit of our customers, employees and shareholders," said Rickard Gustafson, SAS Group President & CEO.

"The great technological improvements of this extensive fleet renewal plan give SAS a long haul fleet that will be top of class in the industry. It will truly increase our competitiveness and strengthen our customer offering - both with regard to comfort, service and efficiency. Furthermore, we are able to significantly bring down fuel consumption which will lower our costs and support our goals to reduce emissions," said Gustafson.

The fleet plan has the flexibility to include considerable growth and will be financed by export credit financing and sale & leaseback. The list price of the order is estimated at 3,3 BUSD.