SAS to cut 300 positions following $120 million 2Q net loss

Credit: Rob Finlayson

SAS Scandinavian Airlines has announced plans to slash nearly 300 positions following the company’s second-quarter net loss of SEK800 million ($120 million), widened from a SEK405 million loss in the year-ago period . Second-quarter revenue fell 14.7% year-over-year to SEK8.4 billion from SEK9.9...

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