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SAS increase loss

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15:11 CEST+02:00
Scandinavian Airlines is clocking up the air miles but losing revenue, the business papers reported this week.

In the second quarter of the tax year SAS - the fourth largest airline in Europe - posted a loss of 238 million crowns, despite increasing passenger numbers.

SAS claims that the root of the problem is over-capacity - along with higher fuel prices, which are 50% up on the same quarter last year.

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