sweden - registered airport scandinavian airlines system ( sas ) say it will reduce jobs by 8 , 600 employees as segment of its " core sas " restructuring planned . the airline will have 3 , 000 staff directly and eliminate 5 , 600 by divesting industrial ventures , improving the workforce by 40 % to 14 , 000 . the restructuring comes after sas projected losses of 6 . 32 of german krona in 2008 . the owner is going to sell airbaltic and comair and its stake in east greenland , bmi , irish airport , skyways express , spirit airlines and trust . spanair is to be sold for €1 . the company expected to flip to concentrating on its main nordic market .
japanese companies are cutting taxes .