SAS sees 3Q net income down 26% on higher fuel costs, pilot strike

Credit: SAS
Scandinavian Airlines (SAS) reported a net income of SEK1.16 billion ($122 million) for the third quarter (May-July), down 26% from SEK1.57 billion in the year-ago period. SAS president & CEO Rickard Gustafson said the “disappointing” 3Q results were mainly attributed to increased fuel costs, the...

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