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Jan 27, 2023 (newstodate): Taking the market by surprise, SAS is announcing the immediate step-down of SAS Cargo CEO, Max Knagge.  
   Mr Knagge took over the position on January 1, 2021,  since December 2014 serving as SAS General Manager Americas but with a career with SAS starting in April 2003, but also spanning a brief encounter with Qatar Airways in 2014.
   Replacing Mr Knagge on an interim basis is Vibeke Haans, SAS Cargo Head of Operations since December 2021.
   During the period with Max Knagge at the helm, SAS Cargo completed a comprehensive reorganization to set up a new top-exec leadership core including a new Head of Strategic Business Development, a new Head of Global Sales & Marketing, a new Head of Commercial, and a new Head of Operations.
   During the latest accounting period November 2021-October 2022, SAS Cargo lifted its currency-adjusted revenues from 1.166 MSEK to 1.611 MSEK, half of which was generated outside Scandinavia and Europe.
   SAS Cargo's restructuring also included the sale in 2022 of its forwarding arm Trust Forwarding to Scan Global Logistics and the closure of SAS Cargo Sweden and Norway.