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SAS and pilots unions reach deal to end strike

SAS and pilots unions reached a wage deal on Monday, ending a strike over a new collective bargaining agreement that has grounded hundreds of flights and thrown the airline's future into doubt. A majority of SAS pilots in Sweden, Denmark and Norway walked out on July 4 triggering a strike that SAS has said cost it between $94m and $123m a day. "What I'm hearing from the negotiation room is that we have a deal," a spokesperson for Dansk Metal, one of the unions representing SAS pilots, told Reuters, adding the agreement was not yet finalised. "We have a deal, now we are just getting the last signatures," SAS Chairman Carsten Dilling told Swedish business daily Dagens Industri. Another union official, Jan Levi Skogvang, described the settlement as a "tragedy for pilots". "But it is good that we are done with this and that we get the planes in the air again," Skogvangwas quoted as saying by Norwegian daily Dagbladet. Meanwhile, SAS said in a statement that a deal had not yet been concluded. "While the mediation has moved in the right direction, no agreement has yet been signed between the two parties," the airline said.<br/>