Press release -
Final judgment in compensation suit against SAS
The Appeals Committee of the Supreme Court has 28 September 2010 denied SAS' appeal against Borgarting High Court's judgment 16 March 2010, in which SAS was held liable to pay to Norwegian damages and costs for unlawful use of Norwegian's trade secrets. The Appeals Committee's decision was communicated to Norwegian today.
This means that the High Court judgment is final, and that the damages and costs awarded are payable to Norwegian.
In the High Court judgment Norwegian was awarded NOK 160 000 000 in damages, NOK 6 839 770 in costs before the county court, and NOK 7 851 472 before the High Court, from SAS AB (publ.) and SAS Scandinavian Airlines Norge AS. Interest will be added to these amounts. Norwegian has also been awarded NOK 637 000 in costs in connection with the Supreme Court's consideration of SAS ill-fated appeal.
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Norwegian Air Shuttle ASA, commercially branded “Norwegian,” is a public low-cost airline noted on the Oslo Stock Exchange. The company is the second largest airline in Scandinavia, and has a route portfolio that stretches across Europe into North Africa and the Middle East. With competitive prices and customer friendly solutions and service, the company has experienced significant growth over the previous years. With more than 10.7 million passengers in 2009, Norwegian is the 3rd largest low-cost airline in Europe. The turnover in 2009 was in excess of NOK 7.3 billion. Norwegian currently operates 53 aircraft on 230 routes to 91 destinations and employes approximately 2 000 people.