SAS has announced its plans to sell its cargo handling unit – Spirit Air Cargo Handling – but will keep its SAS Ground Services (SGS) unit as long as it meets profi tability targets. Th e decision on SGS is conditional upon SGS meeting a number of quality and profi tability targets, within 18 months, including a cost reduction target of nearly SKR400 million (US$63.7 million).
“Otherwise, an external solution will be on the cards, for example, by bringing in a part-owner with operations in the ground handling industry or through outsourcing,” said SAS chief executive Mats Jansson.