SAS Blames Poor First-Half Results On Pilot Shortage, Currency Exchange Rate
A stronger Swedish krona and a temporary shortage of pilots led SAS to report flat first-half earnings for the period ending June 30. The carrier posted a pre-tax income of 1.05 billion Swedish krona (US$158 million), slightly better than an SEK1.04 billion (US$156 million) in the first-half of 1995...
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