SAS Rescued

SAS Group has narrowly escaped insolvency, after reaching agreements with eight of its unions over deep cost cuts. The deals vary by employee group, but Norwegian pilots are accepting a 10% wage cut plus 8% more flying hours and flight attendants are surrendering two weeks of vacation per annum...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.