SAS publishes 2019/2020 annual and sustainability report

SAS has published its annual and sustainability report for the fiscal year November 2019 – October 2020. The report has been approved by the company's board of directors and is now available on the SAS Group website.

The board of directors will propose to the 2021 annual general meeting that no dividend be paid to the company's shareholders for the 2019/2020 fiscal year. The report does not contain any new material information beyond what has previously been disclosed in SAS' interim financial reports or separate press releases.

This reporting period falls during a period of significant disruption for the global aviation industry due to the COVID-19 pandemic. The annual report is expected to provide details on the company's financial performance and sustainability initiatives undertaken during this challenging time.

SAS, a leading Scandinavian airline, has previously communicated sustainability goals, including a target to reduce total carbon dioxide emissions by 25 percent by 2025. The report likely details progress on these and other environmental efforts, alongside its core airline operations and related services like ground handling and technical maintenance.

The airline is a founder of the Star Alliance network, offering extensive global connectivity.