SAS Scandinavian Airlines (SK) may announce a new cost-cutting package, several Scandinavian media outlets have reported.
SAS Scandinavian Airlines A321. By Rob Finlayson SAS Scandinavian Airlines (SK) may announce a new cost-cutting package, several Scandinavian media outlets have reported. The package could include wide-ranging measures, including reducing staff costs by 15% through pay cuts and changes in work conditions, as it looks to counter the effects of the economic downturn and long-term overcapacity. However, an SK spokesperson told ATW: “Nothing has been decided so far. There is a lot ...
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