SAS’s Spanair To Cut 517 Jobs In Turnaround Plan
Posted in Airline News, Spanair • No commentsSpanair, the Spanish subsidiary of Scandinavia’s SAS, will cut 517 jobs and reduce the working hours of almost 200 others, it said on Thursday, as part of a plan to turn around the loss-making airline.
Spanair reiterated its plan would allow it to boost earnings by 90 million euros in 2009 and to break even [...]