FlyerTalk Forums - View Single Post - Bloomberg article on SAS - can’t be good
Old Jul 6, 2019, 10:19 am
  #8  
GUWonder
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Hit by the weakness of the Swedish currency, the issues with the Swedish housing market, and the personal savings rates and returns, and what seems to be an increase in the cost of air travel within Sweden at least when I look for myself, it shouldn’t be a surprise that demand for domestic air travel is down. Add in the impact of weather conditions on demand for travel during the longest Swedish block vacation periods, and escaping home hasn’t been all what it used to be. Add in that a slice of business travel can be conducted via say Skype business video conference calls and th like, and it shouldn’t be a surprise that the demand profile has changed on that end too.
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