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Aircraft and airlines. SAS cuts wages, pensions and jobs

Stockholm, Sweden - "I know that we are asking a lot of our employees, but there is no other way"

On Monday 12 November 2012 Scandinavian Airlines (SAS), contextually to the presentation of the results relative to the third quarter of 2012, announced a restructuring plan which includes cuts to wages, pensions and 800 jobs. The Scandinavian company declared it has reached a 3.5-billion-kronor deal for credit lines from the governments of Denmark, Sweden and Norway, which own a 50% stake in the...

AVIONEWS - World Aeronautical Press Agency - 1147208

AVIONEWS - World Aeronautical Press Agency
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