Indebted SAS posts big loss but pins hope on better 2022
AFP
| 2020/12/03 | 325 words
| LE JOURNAL DE L'AVIATION | AIR TRANSPORT
After cutting staff by 40 percent as part of a coronavirus rescue plan Scandinavian Airlines (SAS) Thursday posted a big loss but pinned hopes on better things by 2022.The carrier unveiled a net loss of almost 9.3 billion Swedish kronor (900 million euros, $1 billion) for its fiscal year that closed at the end of October, compared with a 621 million kronor profit for the previous year.Sales slumped by more than half to 20.5 billion kronor."Since the beginning of 2020, the coronavirus has cha...(…)
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