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SAS

SAS is not granted appeal in Supreme Court

In March 2010, the Court of Appeal (Lagmannsretten) in Oslo reached a decision in the appeal by SAS and Norwegian Air Shuttle related to the ruling in a dispute from 2008. The Court ruled in favor of Norwegian Air Shuttle but the decision was not unanimous. SAS has submitted a request to the Norwegian Supreme Court for leave to appeal, which was not granted.

 

The decision by the Court of Appeal will have a negative effect on SAS's earnings of approximately MSEK 200 in the third quarter 2010.

 For further information, please contact
Sture Stølen, VP Head of SAS Group Investor Relations +46 8 797 1451

 

SAS discloses this information pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The  information was provided for publication on 30 September 2010, at 12.30 p.m. CET.

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