SAS is set to unveil a new efficiency program next month in response to continuing losses, particularly among its Swedish and Danish Scandinavian Airlines units, Group President and CEO Jorgen Lindegaard told media Friday. The company already has reaped SEK12.8 billion ($1.7 billion) in savings out of a goal of SEK14 billion from its Turnaround 2005 program, but that is not enough, Lindegaard said. "SEK14 billion is fine, but we have to go [beyond] that. We have loss-making companies in ...

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