SAS swings to a full-year net profit on strategy shift

Credit: Airbus
Scandinavian Airlines (SAS) has posted a SEK1.1 billion ($130 million) net income for its full 2016-17 financial year, marking a dramatic improvement from the SEK1.3 billion net loss it posted in 2015-16. “The improved earnings were driven by a positive revenue trend and implemented efficiency...

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