Scandinavian Airlines (SAS) reported a first-quarter net loss of SEK640 million ($75.5 million), widened 82.5% from a SEK112 million loss in the year-ago period. SAS president and CEO Rickard Gustafson said the first quarter was traditionally the weakest. He stressed that losses before tax and non-recurring items had narrowed from SEK1.2 billion to SEK829 million and that unit revenue had risen 6.7% against the year-ago period. For the three months ended in January 2015, revenue rose 6.4% to ...

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