SAS transfers operations at line stations in Norway to Widerøe

In line with the letter of intent signed in June 2015, SAS and Widerøe have
agreed to transfer the operations at all of SAS Ground Handling’s line stations
in Norway to Widerøe Ground Handling (Widerøe).
SAS Ground Handling’s operations at 14 line stations in Norway will be
transferred to Widerøe on February 1. The transfer corresponds to approximately
850 full-time positions and the takeover of existing agreements for equipment
and premises, as well as handling contracts. The transaction is being conducted
as an operations transfer, meaning that the transaction in itself will have no
significant impact on SAS’ earnings. Following the transfer, SAS will purchase
ground services from Widerøe Ground Handling as an external service and the
parties have entered into a five-year contract for these services.

“The transfer of the operations at the line stations in Norway to Widerøe is in
line with our strategy of focusing on flight operations, while at the same time
reducing the company’s fixed costs. In Widerøe, we have a high-quality and
reliable supplier that will ensure a smooth outsourcing process for our
employees. We look forward to continuing to work with Widerøe and together
developing our ground product for the good of our customers,” says Rickard
Gustafson, SAS President and CEO.

Widerøe already has ground operations at a further 28 airports in Norway that
support Widerøe’s regional routes.

“We look forward to taking over SAS Ground Handling’s operations at the line
stations, which will complement our existing ground operations and provide us
with more opportunities to further develop the product. SAS and Widerøe already
have a close and successful cooperation relating to Widerøe’s regional flight
operations and we look forward to extending this to ground services,” says Stein
Nilsen at Widerøe.

Through this transfer, Widerøe also takes over the external contracts that SAS
has at a number of line stations in Norway.

For further information, please contact:

SAS Press Service, tel +46 8 797 2944