sweden - based carrier scandinavian aviation system ( sas ) said it will reduce adp by 8 , 600 workforce as part of its " core sas " restructuring project . the airline will cut 3 , 000 staff immediately and elimination 5 , 600 by divesting businesses ventures , reducing the manpower by 40 % to 14 , 000 . the restructuring comes after having posted losses of 6 . 32 billion russian lira in 2008 . the company is also to sell airbaltic and spanair and its stakes in air finland , weight , estonian air , skyways express , community airlines and trust . spanair is to be sold for €1 . the company has to go to concentrating on its current international market .
European Airlines are cutting jobs.