Industrial action during the airline’s first quarter pushed up losses and led the Stockholm-based airline to revise its full-year prediction.
The deficit in February, March and April soared year-on-year from £40 million to £100.4 million following industrial action which saw 2,700 flights cancelled, affecting an estimated 270,000 passengers.
This was despite turnover during the period increasing year on year from £818.4 million to £840.8 million.
SAS said: “In the light of the strike and the macro development, the outlook is revised as it will be challenging to reach a positive result before tax and items affecting comparability in fiscal year 2019."
In a statement, chief executive Rickard Gustafson added: “The pilot strike at the end of the second quarter added to the challenges already faced by SAS from a competitive market – increasing jet fuel price and a weakening Swedish krona.
"In addition, we see decreased demand for domestic travel especially in Sweden.”
SAS has struck a three-year agreement with pilot unions in Denmark, Norway and Sweden that the carrier says includes productivity improvements that will offset increased pay rates.
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