- - -

INVEST IN STOCKHOLM NEWSLETTER

SWEDISH WIRE NEWSLETTER

EMBASSIES/
CONSULATES
IN SWEDEN

EXECUTIVE JOBS

RSS FEEDS

TRANSLATORS

STOCKS

FLIGHTS, HOTELS AND HOLIDAYS

- - -
Investment opportunities

ICT startups offer investment opportunity

Swedish companies ready for exit

Five med-tech investment opportunities

Six cleantech investment opportunities

- - -
Rankings and surveys

Sweden has (second) best reputation in the world

Sweden among top in Internet download speed

Sweden scores highest in 'Rule of law index'

Stockholm world's No1 in intellectual capital

Sweden the world's most ICT-competitive country

Sweden great place for moms – but Norway better

Swedes place 4th in English skills ranking

Sweden among top ICT countries

Sweden’s 10 greenest brands

‘Sweden needs to sell itself more’

Sweden overtakes the US in competitiveness

Sweden 10th ‘most admired country globally’

Sweden climbs in 'doing business' ranking

Sweden among world's least corrupt nations

Sweden's mortality rates world's second lowest

Sweden a good place to die – but Britain is best

Children in Sweden have best lives

Sweden the most competitive EU nation

Safe to do business with Swedes

How Sweden became an innovation frontrunner

Nordic countries world's most food-secure

Sweden the world’s best country – politically

Swedish firms among world's top brands

Swedish brands climb in global ranking

Sweden tops government ranking - while US lags 

'Swedish model' outranks 'American dream'  

Sweden among world's least corrupt nations

SAS to pay Norwegian Air after spy affair

Airline SAS' chief executive Mats Jansson upset after court ruling.

RELATED NEWS:
SAS saves €50 million a year in union deal

Scandinavian airline SAS, half-owned by Sweden, Norway and Denmark, was by the ruling of a Norwegian district court obligated to pay damages of 132 million Norwegian kronor ($23 million) plus legal costs of 6 million kronor.

The damages concerned its main competitor Norwegians' claimed losses incurred as a result of airline Braathens, today owned by SAS, improperly used information regarding Norwegian via the Amadeus booking system. SAS Group had also received an e-mail from a travel agency employee allegedly containing business secrets.

“We are disappointed by the ruling of the Court of Appeal. We had hoped that this matter had been resolved by this ruling, however, we note that it was not unanimous and we will now examine the ruling further to evaluate whether it should be appealed”, Mats Jansson, chief executive officer of SAS, said in a statement.  

For SAS, the court ruling will have a negative effect on results and liquidity of 200 million Swedish kronor ($28 million).

Last Updated (Wednesday, 17 March 2010 15:21)

 
Banner
AdP right SKY
Most Read Searched  
Banner
Banner
Banner
Banner