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SAS granted reprieve by Denmark in wake of nightmare weeks

Christian Wenande
June 10th, 2022


This article is more than 2 years old.

Finally some good news for the embattled airline as Parliament decides to increase ownership stake in company and forgive billions of debt

With a profit of DKK 286 million, SAS is coming out of the red (photo: SAS)

SAS could breathe a huge sigh of relief today following the news that Denmark would step up its support of the airline.

In contrast to Sweden, which announced that it would no longer inject funds into the airline and seek to divest its stake in the company, Denmark is determined to stay the course. 

“SAS finds itself in a very serious situation. The agreement today represents a consensus that the state is willing to share responsibility in rejuvenating SAS,” said finance minister Nicolai Wammen. 

“The state still wants to be a responsible and long-term co-owner of SAS, to the benefit of Denmark’s international accessibility, export, business sector and jobs.”

READ ALSO: SAS woe continues: 1,000 pilots threaten to strike

Some strings attached
A broad majority of Parliament today not only agreed to forgive 3.5 billion kroner of debt to SAS, but also increase Denmark’s ownership share in the airline from 21.8 percent to upwards of 30 percent.

However, the government has required SAS to find other investors to support its business before any further financial support will be forthcoming from the state.

“The support also presupposes that SAS can be re-established and continue on as a financially sustainable commercial company,” said Wammen.

The news comes at a critical time for the airline, which has been encumbered by the pandemic, staff shortages, canceled flights, rising fuel prices and an impending strike by its pilots

The COVID-19 pandemic has hit the aviation industry hard and SAS asked its owners in February to pump in about 6.5 billion kroner to help it turn the corner with its new strategy SAS Forward.


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Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”