SAS Announces Largest Historical Investment
Scandinavian Airlines System (SAS) disclosed that it will purchase up to 40 Airbus widebody aircraft, with the total list price exceeding US$10 billion. The carrier described the deal as the largest investment in its history.
The order comes two years after SAS emerged from Chapter 11 bankruptcy protection, marking a significant step in its post‑restructuring growth strategy. SAS indicated that the new aircraft will support the expansion of its long‑haul network, enhancing the airline’s ability to connect Scandinavia with major international markets over the coming decades.
SAS is partially owned by Air France‑KLM, and the acquisition is intended to strengthen capacity for long‑distance routes, positioning the airline for sustained growth in the global aviation market.