A Scandinavian Airways (SAS) airplane is refuelled at Oslo Gardermoen airport, Norway, November 7, 2019. REUTERS/Lefteris Karagiannopoulos/File Picture
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STOCKHOLM, July 2 (Reuters) – Scandinavian airline SAS (SAS.ST) and its pilots have agreed to increase their wage talks till Monday within the hope of averting a strike, an organization govt instructed reporters on Saturday.
Near 1,000 pilots in Denmark, Sweden and Norway plan to strike if talks break down, in accordance with the unions, which SAS had stated might go away some 30,000 passengers stranded every day. learn extra
“We have to sleep, none of us have slept for a extremely very long time,” SAS’ lead negotiator Marianne Hernaes instructed reporters after the most recent spherical of talks which ran via the evening.
A strike would comes at a troublesome time for loss-making SAS because it seeks to restructure its enterprise by endeavor giant value cuts, elevating new money and changing debt to fairness as a part of a plan to rescue the service from collapse. learn extra
Swedish every day Expressen had earlier reported, citing unnamed sources, {that a} deal had been reached, however SAS stated the talks had been nonetheless ongoing within the hope of averting a strike.
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Reporting by Terje Solsvik; modifying by Niklas Pollard
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