SAS Scandinavian Airlines reported a full-year net income of SEK1.3 billion ($142 million), up 38.2% from a SEK 956 million profit in the year-ago period. “During the autumn, market conditions have become more demanding and the industry continues its rapid pace of change. At the same time, the Scandinavian air travel market and demand for more long-haul routes and European leisure routes is on the rise. A lower cost structure and increased profitability is required,” SAS ...

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