SAS 737-700. Photo: By Rob Finlayson. SAS Group reported a first-quarter net loss of SEK373 million ($59.6 million), narrowed from a SEK712 million net deficit in the year-ago period. Despite the loss, SAS maintained its guidance for a full-year pre-tax profit, but it cautioned that achieving the result has become "significantly more challenging" owing to "the recent sharp increases in jet fuel prices." It added, "The future bookings situation appears ...

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