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)









