STOCKHOLM (AP) — Scandinavian airline group SAS AB Thursday said it has appointed Rickard Gustafson, now chief of an insurance company, as its new president and chief executive.
The current CEO, Mats Jansson is leaving the struggling airline on Oct. 1 and SAS says Gustafson will start at the latest in March next year. Until then, deputy CEO John Dueholm will be in charge of the company.
Gustafson, 46, is currently the CEO of Scandinavian insurance group Codan Trygg-Hansa.
SAS has struggled in recent years to turn around the loss-making business, by shedding thousands of jobs and reforming its corporate structure.
The company in August reported a second-quarter net …
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