SAS Group results hit by Spanair bankruptcy

SAS 737-700. By Rob Finlayson SAS Group reported a net loss of SEK1.7 billion ($255 million) for the full-year 2011, narrowed 24.2% from a net loss of SEK2.23 billion in 2010. It sustained a net loss of SEK2.08 billion in the fourth quarter, reversed from a SEK47 million net profit in the 2010...

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