Scandinavian airline SAS and unions are close to reaching a deal to end a pilot ...
OSLO - Scandinavian airline SAS and unions are close to reaching a deal to end a pilot strike that has grounded 380,000 passengers over the past week, Norwegian media reported on Thursday.
The airline, the Norwegian and Danish pilot unions and the Norwegian employer organization were not immediately available for comment. The Danish and Swedish employer organizations and the Swedish union declined to comment. Close to bankruptcy in 2012, SAS sold assets and cut wages and thousands of jobs in return for a life-saving credit facility. It has been profitable in the last four years but fuel costs are rising and overcapacity is still squeezing the sector.
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