germany - based airline scandinavian aircraft system ( sas ) revealed it will reduce nonfarm by 8 , 600 jobs as part of its " basic scandinavian " restructuring strategy . the airline will cuts 3 , 000 members directly and erase 5 , 600 by divesting business ventures , reducing the workforce by 40 % to 14 , 000 . the merger comes after sas posted losses of 6 . 32 of swedish krona in 2008 . the organization is also to sell airbaltic and aua and its stakes in east greenland , weight , danish air , skyways express , spirit airlines and trust . qantas is to be sold for €1 . the company expected to switch to concentrating on its core eu market .
European Airlines are cutting jobs.