|Bid||25.20 x 0|
|Ask||25.30 x 0|
|Day's range||25.10 - 25.40|
|52-week range||13.25 - 27.10|
|PE ratio (TTM)||48.93|
|Earnings date||12 Dec 2017|
|Dividend & yield||N/A (N/A)|
|1y target est||29.75|
The European Commission said on Friday that it had re-adopted its decision to fine 11 airlines for their part in a cartel to fix air cargo prices after an EU court had annulled its initial finding due ...
Sweden will put forward plans for a tax on air travel before summer and will use the revenue to lower taxes for small companies, Financial Markets Minister Per Bolund said on Wednesday. The government said it expected to raise around 1.7 billion crowns a year starting next year from the air travel tax, which would be used to cut payroll taxes on small businesses. "We plan to send a proposal for a tax on airline travel ... before summer," Bolund said in a statement.
** The annual meeting of Norway's ruling Conservative Party has voted to end the country's airline passenger tax and replace it with an environmental tax, public broadcaster NRK reported ** The Conservatives ...
Scandinavian airline SAS (LSE: 0O1W.L - news) posted on Wednesday a fiscal first-quarter pretax loss that was more than twice the size of last year's amid higher costs, and said it would lay out details on new savings in the second half of the year. * CEO to Reuters: "The flight tax in Norway accelerates price pressure.
Scandinavian airline SAS will set up bases in London and Spain in a bid to cut staff costs and compete with budget carriers such as Norwegian Air and Ryanair. Partly state-owned SAS flagged plans for its first hubs outside Scandinavia in December. Basing aircraft and employing pilots and cabin staff at leisure destinations in Europe, such as London and the Mediterranean, would lower labour costs, SAS Chief Executive Rickard Gustafson said.
The ailing and partly-state owned airline SAS (LSE: 0O1W.L - news) is extending cost cuts and considering establishing operations outside its Scandinavian home market to cap spending in the face of cut-price competition across Europe. Chief Executive Rickard Gustafson said the plans come on the back of expectations of growing leisure travel in Europe. "Customers' perception is that a flight in Europe should cost a few hundred crowns and we need to ensure we can meet that," he told Reuters.