SAS Group reported net income of SEK636 million ($98.6 million) for 2007, significantly lower than a SEK4.74 billion profit in 2006 that was attributable mostly to that year's sale of its 65% holding in the Rezidor Hotel Group. The 2006 profit excluding the Rezidor sale was a more modest SEK164 million and President and CEO Mats Jansson noted that "favorable demand" led to a "positive" performance in the first three quarters of 2007, resulting in a relatively strong full-year profit. ...

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