SAS Scandinavian Airlines has announced plans to slash nearly 300 positions following the company’s second-quarter net loss of SEK800 million ($120 million), widened from a SEK405 million loss in the year-ago period. Second-quarter revenue fell 14.7% year-over-year to SEK8.4 billion from SEK9.9 billion during the 2013 second-quarter. Operating expenses came to SEK9.1 billion, down 9.1 % year-over-year, but nonetheless created a second-quarter operating loss of SEK661 million, ...

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