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SAS To Initiate Another Cost Cutting Program, Plans Asset Sale
October 31, 2012
SAS Group is launching another cost-cutting program and plans to sell SEK3 billion ($447 million) in assets as it tries to return to profitability. The airline on Oct. 30 said the board of directors is close to signing off on a SEK3 billion cost-savings program in addition to an asset sale worth a...
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