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SAS To Cut Flights, Jobs At Spanair Unit
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Scandinavian airline SAS said it would ground 15 aircraft in September and October and cut about 900 jobs, giving it a EUR90 million euro (USD$143 million) earnings boost in 2009.
SAS, which last month abandoned a plan to sell Spanair, will cancel nine unprofitable routes.
"Spanairīs management has announced today a feasibility plan to face the current crisis that the airline industry is going through as a consequence of the high fuel prices and the decrease of demand," SAS said.
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