Scandinavian Airlines (SAS) posted an increased net profit for its 2017-18 fiscal year, citing a combination of strong passenger demand, nimble capacity allocation and increased internal efficiencies. The tri-national carrier recorded net income of SEK1.59 billion ($176 million), a significant rise on the previous financial year’s figure of SEK1.15 billion. The company achieved the result on revenues up 1.4% at SEK44.7 billion, compared to SEK42.7 billion a year ago. SAS’s ...

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