The current agreement between SAS and the airline's pilots expires on Friday night. Right now, most indications are that the parties will not have time to reach a new agreement before then, as no negotiations are currently underway.
This is what Henrik Thyregod, chairman of the Danish Pilot Association, tells Marketwire.
According to him, together with corresponding associations in Sweden and Norway, what the pilots will do if no new agreement is reached is now being coordinated. The coordination takes place within the SAS Pilot Group, which is an umbrella organization for the company's pilots in the three Scandinavian countries.
Henrik Thyregod tells the news agency that there have been no negotiations since Tuesday, when the parties parted ways. The disagreement concerns a new agreement that is intended to replace the one that SAS and SAS Pilot Group negotiated a year ago.
If the parties do not agree on a new agreement, a possible scenario is that the pilots will put further pressure on SAS by announcing a strike. According to Jacob Pedersen, head of equity research at Sydbank, a possible strike could occur around Easter.
After several days of strong price movements up and down, SAS shares moved moderately on Thursday. At around 2:20 p.m., the shares were up 0.7 percent.
