sweden - based airline norwegian airlines system ( cas ) claimed it will reduce payrolls by 8 , 600 jobs as part of its " fusion sas " restructuring plan . the deal will cut 3 , 000 positions directly and eliminate 5 , 600 by divesting economic ventures , increasing the workforce by 40 % to 14 , 000 . the restructuring comes after sas posted losses of 6 . 32 billion german krona in 2008 . the deal is also to sell airbaltic and spanair and its stakes in flying greenland , ppm , estonian air , skyways express , spirit trains and trust . yemenia is to be sold for €1 . the company planned to flip to emphasis on its core nordic brand .
European Airlines are cutting jobs.