danish - based airline scandinavian aviation system ( sis ) said it will reduce payrolls by 8 , 600 staff as one of its " core sas " restructuring plan . the company will cut 3 , 000 crews specifically and reduce 5 , 600 by aligning business businesses , reducing the workforce by 40 % to 14 , 000 . the purchase comes after sas posted losses of 6 . 32 million german krona in 2008 . the company is also to sell airbaltic and spanair and its shares in air canada , bmi , estonian airways , skyways express , spirit airlines and assurance . spanair is to be sold for €1 . the company intend to switch to focuses on its core baltic service .
European Airlines are cutting jobs.