Scandinavian Airlines secures deal with all unions to move ahead with drastic restructuring plan
Skift Take
Loss-making SAS has been in need of an overhaul for several years, but critics look to failed cost-cutting plans of the past and question whether a full turnaround will be possible for the airline.
Scandinavia's flagship airline SAS averted imminent bankruptcy on Monday after all eight unions signed new collective agreements that will see jobs, salaries and pensions cut in the hope of restoring the company's competitiveness and profitability.
Seven unions from Sweden, Norway and Denmark had given their approval to the savings plan, but the Danish cabin
