S&P ups SAS view to stable

Standard and Poor's said it revised the outlook on SAS AB to stable from negative.

The agency also said it affirmed its B- long-term corporate credit rating.

The stable outlook reflects a view of an improvement in SAS' trading conditions, a reduction in its capacity, improved load factors, reduced cost structure and improved underlying profitability, S&P said.

The outlook also reflects a turnaround in the group's cash flow situation and improved liquidity position, the agency said.

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