STOCKHOLM/COPENHAGEN/OSLO, July 18 (Reuters) – SAS (SAS.ST) and pilots unions reached a wage deal on Monday, ending a strike over a brand new collective bargaining settlement that has grounded a whole bunch of flights and thrown the airline’s future into doubt.
A majority of SAS pilots in Sweden, Denmark and Norway walked out on July 4 triggering a strike that SAS has mentioned value it between $10 million to $13 million per day.
“What I am listening to from the negotiation room is that we now have a deal,” a spokesperson for Dansk Steel, one of many unions representing SAS pilots, instructed Reuters, including the settlement was not but finalised.
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“Now we have a deal, now we’re simply getting the final signatures,” SAS Chairman Carsten Dilling instructed Swedish enterprise day by day Dagens Industri.
One other union official, Jan Levi Skogvang, described the settlement as a “tragedy for pilots”.
“However it’s good that we’re executed with this and that we get the planes within the air once more,” Skogvang was quoted as saying by Norwegian day by day Dagbladet.
In the meantime, SAS mentioned in an announcement {that a} deal had not but been concluded. “Whereas the mediation has moved in the fitting path, no settlement has but been signed between the 2 events,” the airline mentioned.
Swedish unions declined to remark.
Even with an finish to the strike, the long-struggling airline nonetheless faces main challenges because it must slash prices and appeal to new buyers to outlive.
The labour strife was the most recent throughout Europe’s aviation sector as thousands and thousands of staff wrestle with rising prices of dwelling, prompting commerce unions to demand greater wage will increase and stage walkouts and disrupting journey. learn extra
The airline, whose greatest shareholders are Swedish and Danish taxpayers, on July 5 filed for U.S. chapter safety looking for respiratory house to restructure its enterprise, saying the strike had hastened the transfer. learn extra
The strike additionally coincides with the busy summer time season in northern Europe, usually a time for airways to money in on holidaymakers.
The corporate had already cancelled many flights forward of the summer time, a part of the broader development in Europe of strikes and staffing shortages impacting journey.
($1 = 10.4092 Swedish crowns)
(The story corrects determine in paragraph 2 to $10-13 mln per day from $94-123 mln)
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Writing by Anna Ringstrom and Gwladys Fouche; Enhancing by Muralikumar Anantharaman, David Goodman, Emelia Sithole-Matarise and Toby Chopra
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