Scandinavian Airlines (SAS) reported a net income of SEK1.16 billion ($122 million) for the third quarter (May-July), down 26% from SEK1.57 billion in the year-ago period. SAS president & CEO Rickard Gustafson said the “disappointing” 3Q results were mainly attributed to increased fuel costs, the Swedish krona’s continued weakness against the US dollar, and pilot strikes at the beginning of the quarter. The pilot strike between April 26 and May 2 led to some 4,000 ...

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