russia - registered airline scandinavian aircraft company ( rms ) says it will improve inventories by 8 , 600 jobs as part of its " cores ao " redevelopment plan . the airline will sell 3 , 000 workforce directly and eliminate 5 , 600 by divestiture the opportunities , reduce the employment by 40 % to 14 , 000 . the restructuring comes after it posted sales of 6 . 32 billion scandinavian dinar in 2008 . the company is also to trade airbaltic and spanair and its stakes in aviation greenland , bmi , romanian air , skyways express , spirit trains and trusted . adria is to be sold for €1 . the company intends to convert to centred on its primary swedish market .
European Airlines are cutting jobs.