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SAS AB

Aviation ~500 employees
Founded
--
Employees (Est.)
~500
25 leaders known
Total Funding
$2.5B
Funding Rounds
3
Last Funding
2023-06-19

About SAS AB

SAS (Scandinavian Airlines System) is a leading airline based in Scandinavia, focused on providing air travel services with an emphasis on sustainability, innovation, and customer experience. The company aims to drive a more responsible aviation industry through initiatives like newer, more efficient aircraft and partnerships such as SkyTeam.

Products & Services

Air Travel Services:Passenger flights across various destinations with a fleet including Airbus A320neo/A321LR, A319/A320, A330-300/A350-900, Embraer E195LR, CRJ900, and SAS Medevac Boeing 737-700.
SAS European Business Class:Premium travel class offering extra space, privacy, enhanced dining, priority ground treatment, and access to additional lounges on international flights within Europe.
Alliances and Partnerships:Collaboration with SkyTeam and other partners like Virgin Atlantic to expand network and services.

Specialties

Sustainable Aviation Fleet Modernization Customer Experience Business Class Services International Partnerships

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Equity Raise
T: -
FT: Equity Raise
A: 902500000
MR: -
FA: SEK 9.5 billion
FAN: 902500000
D: 2023-06-19
FD: 2023-06-19
-
2 RT: Equity Raise in Chapter 11
T: -
FT: Equity Raise in Chapter 11
A: 902500000
MR: -
FA: at least SEK 9.5 billion
FAN: 902500000
D: 2023-05-16
FD: 2023-05-16
-
3 RT: Debt
T: -
FT: Debt
A: 700000000
MR: -
FA: USD 700 million
FAN: 700000000
D: 2023-04-17
FD: 2023-04-17
1 investors
Equity Raise Latest
2023-06-19
$902.5M
Equity Raise in Chapter 11 2023-05-16
$902.5M
Debt 2023-04-17
$700.0M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

A

Anko van der Werff

President and Chief Executive Officer

J

Jonathan Wallden

Executive Vice President & Chief Financial Officer

J

Jason Mahoney

Executive Vice President & Chief Operating Officer

P

Paul Verhagen

Executive Vice President and Chief Commercial Officer

E

Erik Westman

Executive Vice President and Chief Revenue Officer

A

Anna Almén

Executive Vice President and Chief Legal Officer

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Recent News

SAS AB Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Aviation
Company Size
~500 employees (est.)

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