SAS Posts Narrower Q2 Net Loss

Scandinavian airline SAS AB

posted a loss for the second quarter. SAS posted a quarterly net loss of SEK388 million ($58.98 million), versus a year-ago loss of SEK429 million. Its operating loss came in at SEK86 million, versus a year-ago loss of SEK482 million. SAS' revenue declined to SEK9.9 billion from SEK10.1 billion.