TELETRADER News
3/15/2020, 5:55 PM (Source: TeleTrader)
more TeleTrader news

SAS cuts 90% of its workforce due to COVID-19

Scandinavian Airlines SAS said on Sunday it plans to temporarily cut up to 10,000 employees, about 90% due to coronavirus-caused flight suspension.

The company said earlier this week that it will suspend more than 4,000 flights until the end of May, grounding 40% of its long-haul fleet and canceling up to 25% of its short-haul flights, because of the COVID-19 outbreak.

From March 29 until the end of April, all of the flights to the United States from Amsterdam, Athens, Barcelona, Madrid, Oslo, and Paris will be canceled.

Baha Breaking News (BBN) / TF