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Aircraft and finance. SAS cuts its losses: the restructuring plan is working

Stockholm, Sweden - "The earnings level is not yet satisfactory, but in line with our expectations", CEO Rickard Gustafson claims

The latest financial figures released by Scandinavian Airlines (SAS), relative to the February-April 2013 quarter, even if still characterized by being in the red, however show sharp signs of improvement compared with 2012, demonstrating that the restructuring plan which has been implemented by the North-European carriers is producing its fruits. In the period SAS reported a net loss of 388 million...

AVIONEWS - World Aeronautical Press Agency - 1153068
Rome, Italy, 06/13/2013 17:16
AVIONEWS - World Aeronautical Press Agency

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