Stock Market News

SAS cancels more flights as pilot strike grinds on

2022.07.08 12:41

SAS cancels more flights as pilot strike grinds on
FILE PHOTO: SAS airplanes are parked at the Oslo Airport Gardermoen, as Scandinavian airlines (SAS) pilots go on strike, Norway July 4, 2022. Beate Oma Dahle/NTB via REUTERS

STOCKHOLM/COPENHAGEN (Reuters) – Scandinavian airline SAS cancelled almost 70% of its flights on Friday as a pilots strike stranded thousands of tourists overseas.

Some 181 flights, or 69% of those scheduled, were cancelled on Friday, data from flight tracker FlightAware showed.

SAS has been forced to cancel hundreds of flights since Monday when talks between the airline and pilots over a new collective bargaining agreement collapsed.

The carrier, whose biggest owners are the Swedish and the Danish states, filed for Chapter 11 bankruptcy protection in the United States this week.

It held a first court hearing on Thursday in a process SAS expects will take up to a year.

Since the talks broke down the only movement has been work toward an agreement between SAS and unions allowing the carrier to bring home stranded charter passengers booked on flights operated by SAS.

An SAS spokeswoman said about 18 planes were set to repatriate such travellers on Friday while a negotiator for Dansk Metal, representing Danish pilots, said unions were still seeking assurances the planes would be used for no other purpose.

As travel rebounds from pandemic lows, strikes and staff shortages are forcing airlines to cancel thousands of flights and causing hours-long queues at major airports across Europe.

Rampant inflation has also spurred demands for higher wages while airlines look to strike deals to save their summer travel schedules.

On Thursday, unions said British Airways’ check-in staff at London’s Heathrow airport had suspended a planned strike after the airline agreed to a “vastly” improved offer of higher pay.

SAS’ striking pilots have said they would consider pay cuts, but cannot accept the airline hiring new pilots through two new subsidiaries, under what unions say are worse terms.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 95,690.64 2.84%
ethereum
Ethereum (ETH) $ 3,559.71 7.66%
tether
Tether (USDT) $ 1.00 0.10%
solana
Solana (SOL) $ 240.61 5.23%
bnb
BNB (BNB) $ 638.59 3.83%
xrp
XRP (XRP) $ 1.49 10.62%
dogecoin
Dogecoin (DOGE) $ 0.40216 5.38%
usd-coin
USDC (USDC) $ 0.999933 0.01%
cardano
Cardano (ADA) $ 1.03 13.30%
staked-ether
Lido Staked Ether (STETH) $ 3,561.68 7.66%
avalanche-2
Avalanche (AVAX) $ 43.86 6.04%
tron
TRON (TRX) $ 0.201877 5.82%
the-open-network
Toncoin (TON) $ 6.30 6.56%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,214.99 7.20%
stellar
Stellar (XLM) $ 0.507795 13.98%
shiba-inu
Shiba Inu (SHIB) $ 0.000025 5.50%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,522.59 3.03%
polkadot
Polkadot (DOT) $ 8.42 6.20%
chainlink
Chainlink (LINK) $ 18.12 6.49%
bitcoin-cash
Bitcoin Cash (BCH) $ 517.46 6.24%
weth
WETH (WETH) $ 3,559.28 7.20%
sui
Sui (SUI) $ 3.43 1.70%
near
NEAR Protocol (NEAR) $ 6.78 11.80%
pepe
Pepe (PEPE) $ 0.00002 9.69%
uniswap
Uniswap (UNI) $ 12.89 19.22%
leo-token
LEO Token (LEO) $ 8.33 3.87%
litecoin
Litecoin (LTC) $ 96.96 6.82%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,750.49 7.46%
aptos
Aptos (APT) $ 12.37 7.90%
internet-computer
Internet Computer (ICP) $ 11.62 6.48%
hedera-hashgraph
Hedera (HBAR) $ 0.144747 7.76%
usds
USDS (USDS) $ 0.998083 0.16%
crypto-com-chain
Cronos (CRO) $ 0.183679 7.93%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.569892 9.06%
ethereum-classic
Ethereum Classic (ETC) $ 30.20 7.52%
bittensor
Bittensor (TAO) $ 588.35 13.24%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.34%
render-token
Render (RENDER) $ 7.67 6.10%
kaspa
Kaspa (KAS) $ 0.151952 4.58%
arbitrum
Arbitrum (ARB) $ 0.930786 8.47%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.45 8.27%
celestia
Celestia (TIA) $ 8.08 1.11%
vechain
VeChain (VET) $ 0.042845 6.68%
whitebit
WhiteBIT Coin (WBT) $ 23.80 0.59%
dai
Dai (DAI) $ 1.00 0.06%
filecoin
Filecoin (FIL) $ 5.64 7.03%
bonk
Bonk (BONK) $ 0.000044 6.08%
blockstack
Stacks (STX) $ 2.18 5.96%
okb
OKB (OKB) $ 54.15 2.85%
mantra-dao
MANTRA (OM) $ 3.57 0.93%