SAS Group still appears reluctant to renew its Boeing MD-80 fleet despite the current cost of fuel, claiming that the type would still be economical even if fuel prices doubled.

Scandinavian Airlines has around 57 MD-80s, although about a dozen are leased out. The carrier has been considering the economics of renewing the fleet but has yet to be convinced that an early retirement is in its interests.

In its newly-released annual report SAS Group says the effect of capital costs means the MD-80 is SKr5-10 million ($0.8-1.6 million) more profitable to the carrier than newer aircraft.

Capital costs f

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