Airline

COST CUTTING BEARS FRUIT FOR SAS

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COST CUTTING BEARS FRUIT FOR SAS

SAS reported that it had cut costs by about 23%, or 7.6 billion Swedish kronor, since 2008, and expects a further reduction of 500 million kronor in the second half of this year and 500 million kronor in 2012. The cuts has helped the airline post its best second-quarter result since 2008, swinging t...

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