Airline SAS widens losses in November-January quarter

Airline SAS reported on Tuesday a wider loss for its November through January quarter and said it would launch a new transformation programme across its business and look to raise new capital. The airline, which is part-owned by the governments of Sweden and Denmark, reported a fiscal first-quarter loss before tax of 2.60b Swedish crowns ($275.20m) against a year-earlier 1.92b loss. <br/>
Reuters
https://www.reuters.com/article/idUSL8N2UW2PB
2/22/22
sk