Market Overview

SAS Posts Narrower Q2 Net Loss


Scandinavian airline SAS AB (OTC: SASDY) 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.

Posted-In: lossEarnings News


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