SAS AB provided earnings outlook for the year 2011. For the period, the company expects result before tax according to the statement of income for 2011 will be negative due to the effects from Spanair. The company has been clear about the risk a possible Spanair bankruptcy could imply and that the risk has increased. The write down affects the result before tax for 2011 with SEK 1.7 billion and the SAS Group expects a negative result for the full year 2011. SAS expects however a marginally positive result before non-recurring items for the full year 2011.