sweden - born airline scandinavian airlines system ( pas ) said it will reduced nonfarm by 8 , 600 jobs as part of its " core sas " restructuring plan . the airline will move 3 , 000 staff efficiently and eliminating 5 , 600 by reorganizing business ventures , reducing the deficit by 40 % to 14 , 000 . the restructuring begins after sas posting losses of 6 . 32 thousand swedish krona in 2008 . the board is also to sell airbaltic and sas and its stake in air greenland , iq , baltic air , skyways express , spirit airlines and trust . qantas is to be sold for €1 . the company intends to switch to concentrate on its flagship danish market .
European Airlines are cutting jobs.