The EU Commission does not appeal the EU General Court’s judgment and 70.2 million EUR will be returned to SAS
The European Commission has been able to appeal the EU General Court’s judgment made in December 2015 to the European Court’s court of highest instance, the Court of Justice of the European Union. The EU Commission has informed that it does not intend to appeal the judgment, which means that the fine from 2010 of MEUR 70.2 will be returned to SAS.
SAS will recognize the reversal as a non-recurring item in the second quarter of fiscal year 2015/2016.
The EU Commission has the ability to make a new decision in relation to this matter. SAS does not have any insight and cannot influence the timing and content of such possible new decision.