sweden - based aviation scandinavian airlines system ( asa ) said it will reducing employers by 8 , 600 jobs as members of its " internal sas " overhaul initiative . the airline will retain 3 , 000 positions directly and eliminate 5 , 600 by aligning business ventures , reducing the jobs by 40 % to 14 , 000 . the merger came after siemens posted losses of 6 . 32 billion swedish shekel in 2008 . the business is announced to sell airbaltic and spanair and its stakes in airline greenland , mammograms , estonian air , skyways expresses , spirit trains and trusts . spanair is to be exchanged for €1 . the company intends to switch to concentrating on its core nordic market .
European Airlines are cutting jobs.