SAS Profits Drop 31 Percent In 1996
SAS posted a 1996 pre-tax profit of 1.815 billion Swedish kronor (US$248 million), down 31% from the previous year. Turnover increased 6.8% when adjusted for currency swings but fell, on paper, from SEK35.4 billion to SEK35.19 billion (US$4.82 billion) in 1996. SAS, which expects a traffic growth of...
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