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SAS posts further losses

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SAS posts further losses

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Scandinavian airline SAS has posted another quarterly loss – of 100 million euros.

The airline, which is half-owned by the governments of Sweden, Norway and Denmark,
said it was seeing signs of improving demand but was not sure when revenues will stabilise.

In March it experienced a monthly rise in passenger traffic for the first time in 19 months but warned disruptions from the Icelandic volcano will take a toll.