SAS May Cut More Jobs as Fuel, Competition Hurt ProfitBy
Airline looks at setting up operations outside Nordic region
Ground handling, maintenance efficiency must rise, SAS says
SAS AB may cut more administrative jobs beyond the 1,000 positions it shed in the past four years and doubled its cost-savings target as the Nordic airline prepares for rising fuel prices and intensifying competition that’s lowering fares and hampering earnings growth. The stock rose the most in three months.
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