Scandinavian Airlines System AB [RIC:RIC:SASSA.UL]:

  • ANNOUNCES LARGEST INVESTMENT IN COMPANY HISTORY

  • INVESTMENT COMPRISES UP TO 40 AIRBUS WIDEBODY AIRCRAFT, COMBINING NEW AIRBUS A330-900NEO AIRCRAFT WITH ADDITIONAL AIRBUS A330-300 AIRCRAFT

  • AIRBUS ORDER REPRESENTS HIGHEST-VALUE AIRCRAFT ORDER EVER PLACED BY SAS, WITH TOTAL LIST PRICE OF OVER USD 10 BILLION

  • IF SAS' PLANNED GROWTH IS REALIZED, IT WILL SUPPORT AN ADDITIONAL 25,000 JOBS AND CONTRIBUTE DKK 25 BILLION TO GDP BY 2030

  • PLANNED GROWTH WILL INCREASE THE TOTAL NUMBER OF JOBS SUPPORTED BY SAS TO 64,000 AND RAISE ITS TOTAL CONTRIBUTION TO GDP TO DKK 66 BILLION

  • IN ADDITION, THE PLANNED GROWTH WILL SUPPORT APPROXIMATELY 4,000 NEW JOBS IN SOUTHERN SWEDEN