sweden - based airline scandinavian airlines system ( sas ) that it will reduce payrolls by 8 , 600 jobs as part of its " core sa " consolidation plan . the airline will cut 3 , 000 job directly and eliminate 5 , 600 by divesting these ventures , raising the personnel by 40 % to 14 , 000 . the restructuring comes after sas posted losses of 6 . 32 billion swedish krona in 2008 . the company is also to sell airbaltic and garuda and its stake in aviation nordic , bmi , tallinn air , skyways express , spirit airlines and trust . spanair is to be sold for €1 . the company intends to commit to focuses on its current finnish business .
European Airlines are cutting jobs.