SAS Scandinavian Airlines plans to open aircraft bases in Europe within the next 12 to 15 months, as it seeks to cut costs to appeal to leisure travelers. SAS already had a plan in place to cut its costs by SEK2.1 billion ($229 million) over the period to 2018. SEK1.3 billion of this SEK2.1 billion has already been delivered, leaving SEK0.8 billion remaining. “We are now increasing our ambition and adding another SEK700 million, so our target is SEK1.5 billion in 2017 through to ...

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