"The Nordic region’s largest airline, on Tuesday launched additional restructuring measures to fight losses amid fierce price competition and record-high jet fuel prices"
"it would post a full-year loss despite a large cost-reduction program, now aims to cut capacity by 4 per cent in December, and thereby save an additional SKr400m-500m."
"good traffic growth recorded in the second quarter did not continue in August and September"
"The new measures will include a review of the carrier’s network, capacity and the number of destinations it flies to."
"That SAS is being forced to launch new cost-reduction measures just as it is about to meet one set of comprehensive targets is a bad sign, they said. "
[Edited 2004-11-02 15:54:19]