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Star Alliance launches app competition

2/9/2012 8:00 AM EST  -   SAS
Star Alliance, of which SAS is a member, has today launched the “Picture your upgrade” promotion, which is its first app competition. The promotion, where travelers have to take photos to highlight the benefits of being a Star Alliance Gold member, including SAS’ EuroBonus Gold status, and upload via the app, runs to April 4, 2012

“Providing our most loyal customers with a set of consistent and enhanced benefits...

SAS wins social media award for second year in a row

2/9/2012 3:30 AM EST  -   SAS
For the second year in a row, Scandinavian Airlines has been awarded a WEBBIE Award by Flight Global. The The Webbies, now in its fourth year, celebrates the best and brightest in aviation websites and social media activities, by the leading global aviation and aerospace website FlightGlobal.com.The FlightGlobal family also included renowned aviation magazines Flight International and Airline Business.

SAS was...

SAS Group's January 2012 traffic figures

2/8/2012 2:01 AM EST  -   SAS Traffic Reports
• SAS Group carried 1.9 million passengers in January, up 5.3%.

• The SAS Group applied careful capacity management in the seasonally weak month of January and decreased capacity (ASK) by 1%.

• SAS Group's traffic (RPK) increased by 0.4%.

• The passenger load factor increased by 1 p.u. in January to 64.9.

Group market trends, RASK and yield development

Traffic growth continued to be good on short and medium...

SAS Group Year‐end Report January‐December 2011

2/8/2012 2:00 AM EST  -   SAS
Positive income before impairment charges of SEK 1.7 billion attributable to Spanair

-    Greater challenges in 2012

-    4Exellence strategy accelerated, measures totaling SEK 5 billion in 2012-2013
Key ratios October-December 2011

· Revenue: MSEK 10,164 (10,653)
· Number of passengers: increased by 0.2 million (3.5%)
· Income before tax and nonrecurring items: MSEK -61 (259)
· EBT margin before...

Indoor air health threat more acute and widespread than public is aware

2/7/2012 8:38 AM EST  -   Blueair
Blueair warns pregnant mothers that escaping indoors to avoid outdoor traffic pollution may not always be the best health option.
Blueair, the leading maker of indoor air purifiers, warns that new research by a top Swedish university, indicating traffic and ozone pollution causes more premature births than the mother smoking, could mislead people to believe that their indoor air is free of pollutants. Blueair...

Nobina makes major investment in 56 lightweight buses

2/3/2012 9:14 AM EST  -   Nobina AB
Nobina is continuing to develop its fleet of buses and is investing in new lightweight buses to be put into service in Helsinki, where Nobina recently gained extended responsibility for parts of the city traffic. The company will invest in a total of 81 buses, of which 56 are lightweight buses, and these new buses will be put into service in the late summer of 2012.
At the end of 2011, Nobina Finland won the...

DOF Subsea - successful placement of new unsecured bond issue

2/2/2012 2:55 AM EST  -   DOF ASA
DOF Subsea AS, a subsidiary of DOF ASA, has successfully completed a new unsecured bond issue of NOK 700 million with maturity date in October 2015. An application will be made for the bonds to be listed on the Oslo Stock Exchange.

Net proceeds from the new bond issue will be used to refinance existing bonds and for general corporate purposes.

In connection with the placement of the new bond issue, DOF Subsea AS...

DOF Subsea AS contemplating new unsecured bond issue

2/1/2012 2:58 AM EST  -   DOF ASA
DOF Subsea AS, a subsidiary of DOF ASA, is contemplating the issuance of new unsecured bonds in the Norwegian bond market with maturity in October 2015. The contemplated bond issue will have a minimum issue amount of NOK 500 million.

Net proceeds from the contemplated bond issue will be used to refinance existing bonds and for general corporate purposes.

Arctic Securities and Swedbank First Securities have been...

SAS improves short-haul Economy service

1/30/2012 1:30 AM EST  -   SAS
Scandinavian Airlines has reintroduced complimentary coffee and tea on all European routes, including domestic flights in Denmark, Norway and Sweden. The improved service was launched yesterday, January 29.

“Complimentary coffee and tea in Economy is one the most asked for products by our customers and we are very pleased to once again be able to offer this service. This reintroduction is in line with our new...

Nobina wins traffic contract in Oslo worth NOK 1.5 billion

1/27/2012 10:02 AM EST  -   Nobina AB
Nobina wins one of Norway's largest traffic tenders ever and takes over the bus traffic in Oslo West with approximately 78 buses and 230 employees. The contract is valid for seven years, is worth around NOK 1.5 billion increasing Nobina’s Norwegian contract portfolio by approximately 30 percent. The contract has an option of three extension years. The new agreement also involves Oslo’s largest investment ever in...