FlyerTalk Forums - View Single Post - Airport-managed lounges discontinued for SAS passengers.

Jan 8, 2017, 2:55 am

#112

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Quote:

Originally Posted by oliver2002

Frösundavik has a lot on their plate in 2017. Fuel is going up, interest rates are going up and the labor contracts with the 12 unions are still not sorted out. They are certainly looking for any low hanging fruit to cut out of pocket costs and the contract lounge contract renewal was most certainly hanging very low. Unit revenue is comparatively low since the ME3 and FR/DY are happy to lower their prices to retain customers. SAS is no longer long term oriented since the 2009 crisis nearly made them go belly up.

Interest rates are going up? If SAS no longer is long-term-oriented, they should be happy that the central bank in the largest of the home market countries for SAS has plans to keep the current interest rate environment hostile to savers. Aren't fuel prices lower now than they were at the end of 2009?

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