uk - based airline scandinavian aircraft system ( sas ) confirmed it will reduce payrolls by 8 , 600 jobs as segment of its " core sas " revision plan . the airlines will cut 3 , 000 staff directly and eliminate 5 , 600 by diversifying business ventures , raising the workforce by 40 % to 14 , 000 . the transformation results after its posted earnings of 6 . 32 billion stockholm zloty in 2008 . the operator is also to sell airbaltic and spanair and its investments in air europe , bmi , estonian fly , skyways services , soul airlines and trust . spanair is to be offered for €1 . the company intends to switch to concentrating on its core nordic industry .
European Airlines are cutting jobs.