About: http://data.cimple.eu/news-article/87adcfbb051d8a652fa587b3e24dc008993cffc6e408b3c1657720ff

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/87adcfbb051d8a652fa587b3e24dc008993cffc6e408b3c1657720ff Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Scandinavian airline SAS said Wednesday that its net loss widened in the first quarter as a result of currency effects and a change in accounting standards, and forecast that the economic impact from the novel coronavirus would be limited. SAS said in a statement that it booked net loss of 861 million Swedish kronor ($88.6 million, 81.5 million euros) for the three months to January, compared with a bottom-line loss of 469 million kronor a year earlier. In late January, the carrier had said it was suspending flights to Beijing and Shanghai following the outbreak of the coronavirus COVID-19. It subsequently announced that the suspension would remain in place until the end of March. Presenting its first-quarter earnings, the company estimated that the cancelled flights would result in a loss in revenues of 200 million kronor. "As long as the COVID-19 outbreak is contained in scope and the suspension of flights is isolated to the winter season, this should only have a marginal impact on our earnings," said chief executive Rickard Gustafson. First-quarter revenues increased by 3.2 percent to 9.7 billion kronor, driven primarily by an increase in passenger numbers. However, the strong revenue growth was offset by negative currency effects, caused by weak Swedish and Norwegian currencies. In addition, the results were affected by the adoption of IFRS 16 accounting standards, which resulted in asset writedowns and some expenses no longer being taken into account. Shortly after the start of trade on the Stockholm stock exchange, SAS shares were showing a loss of 6.3 percent. jll/spm
schema:headline	SAS sees limited impact from coronavirus as Q1 loss widens
schema:mentions	Scandinavian Airlines 2020 coronavirus outbreak in Singapore Currency Sweden Coronavirus disease 2019 IFRS 16 Stockholm Stock Exchange Accounting standard Swedish krona Norwegian Air Shuttle JLL (company)
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-26 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	68 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 3 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software