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SAS still losing money

Published onsdag 12 juni 2013 kl 10.33

Airline SAS, which is partly owned by the Swedish state, says it is still losing money, despite painful cuts. But the CEO Rikard Gustafsson says that costs have been lowered, and the airline is losing less money than before.

In the second quarter of 2013, SAS lost SEK 388 million, compared to SEK 429 million last year. Revenue is also slightly down.

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