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Aircraft and transport: small profit for Scandinavian Airlines in the second quarter of 2012

Stockholm, Sweden - The company is carrying out a cuts plan in order to improve profitability

Scandinavian Airlines (SAS) reported a small profit in the second quarter of 2012, but the first half results remain heavily in the red because of several factors, most of all the high fuel cost. Income before tax in the second quarter of 2012 is 44.84 million Euro, a result which moves the figure relative to the January-June period to -91.94 million Euro. The quarter revenue is 1.37 billion Euro...

AVIONEWS - World Aeronautical Press Agency - 1144398

AVIONEWS - World Aeronautical Press Agency
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