SAS A330. Photo: Courtesy, Airbus. SAS Group's SEK502 million ($68.6 million) second quarter net loss, more than halving its SEK1.05 billion loss in the year-ago period, was attributable to the volcanic-ash-related airspace closures in April that cost it SEK790 million in lost revenue, the airline company said yesterday. SAS said it would have earned a second quarter net profit of SEK464 million absent the airspace closures. "The ash cloud and the subsequent closure of ...

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