SAS Scandinavian Airlines has reported a SEK556 million ($61.7 million) 1Q net loss for the November to January period, more than doubling the SEK246 million loss it posted in the year-ago period. “We are putting a seasonally weak quarter behind us, which, as expected, was worse than the preceding year. The inadequate profitability emphasizes the importance of SAS mobilizing to address the cost disadvantages that we have compared with more recently established competitors. ...

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