Airline SAS cuts summer flight schedule amid staff shortage -Dagens Industri daily

div classBodysc17zpet90 cdBBJodivpSTOCKHOLM Reuters – Troubled airline SAS is cancelling 4,000 flights this summer due to a lack of staff and delayed aircraft deliveries, Swedish financial daily Dagens Industri reported on Tuesday.p

pThe group, which is struggling with weak demand and tough competition, launched a cost savings plan in February and plans to raise new capital, but progress has so far been limited.pdivdivdiv classBodysc17zpet90 cdBBJodiv

pSAS had previously planned for 75,000 flights in the MayAugust period, but around 4,000 of those would now be cancelled, a spokesperson told Dagens Industri.p

pSAS, in which Sweden and Denmark each hold a stake of around 22, was not immediately available for comment.p

p

pp Reporting by Helena Soderpalm editing by Niklas Pollardp

divdivdiv classBodysc17zpet90 cdBBJodivdivdiv