Supreme Court ruling in favour of Copenhagen Airports A/S in PRM case
Stock Exchange Announcement 2014
Copenhagen, 13 October 2014
Today, 13 October 2014, the Supreme Court of Denmark passed judgment in an appeal case brought by SAS against Copenhagen Airports A/S regarding payment by SAS for PRM assistance to SAS passengers. In the period 26 July 2008 to 31 March 2009, Copenhagen Airports A/S invoiced SAS and other airlines for PRM assistance. The case is a test case to the effect that a process agreement has been made with other airlines.
In the judgment, the court held that Copenhagen Airport A/S was entitled to collect a charge for PRM assistance during the period, and SAS was therefore ordered to pay in accordance with the claim made.
Copenhagen Airports A/S has recognised a receivable from the airlines in its financial statements, so the judgment as passed by Supreme Court of Denmark today only has accounting effect with regard to interest. The judgment has no significant effect on profit before tax.
P.O. Box 74
Lufthavnsboulevarden 6
DK-2770 Kastrup
Contacts:
Lars Jønstrup Dollerup
CFO
Telephone: +45 3231 3231
Fax: +45 3231 3132
E-mail: cphweb@cph.dk
www.cph.dk
CVR no. 14 70 72 04
Attachments:
Supreme Court ruling in favour of Copenhagen Airports AS in PRM case.pdf