Billion dollar blow for crisis-hit SAS

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The airline SAS reports a pre-tax loss of SEK 1,991 million for the broken financial year’s third quarter (May to July). This can be compared with a loss of SEK 1,334 million during the corresponding period last year. The high-profile pilot strike, which was costly for the company, took place during the first half of July. Revenues for the company amounted to SEK 8,580 million, compared to SEK 3,982 the year before. We broadcast live in the player above.

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