Scandinavian Airlines' new Dublin base creating 40 jobs
A new Irish unit being established by Scandinavian Airlines (SAS) expects to employ 40 people in Dublin by the end of the year, according to its acting chief executive Mikael Wangdahl.
The headquarters of the new SAS leisure-focused operation are in the Republic, and it will have bases in Spain and London.
It's likely to carry between two million and 2.5m passengers in its first year, based on a load factor of between 75% and 80%, Mr Wangdahl said. SAS confirmed plans for the new Ireland-based unit last month.
It said that the decision to establish the new operation in Dublin was a result of intense competition in Europe's airline market and rising demand for leisure travel.
The initial start-up costs of the Irish division - called SAS Ireland - are likely to be less than €5m. Its first flight is expected to take off in November.
The unit will use nine new Airbus A320neo aircraft. That fleet will require a about 90 pilots and 180 cabin crew. By basing SAS Ireland pilots and cabin crew outside Scandinavia, the division's labour costs will be between 35% and 40% cheaper than the parent.