nordic - based airline scandinavian airlines system ( sas ) claimed it will reduce payrolls by 8 , 600 jobs as part of its " core sas " rebuilding plan . the airline will cut 3 , 000 staff directly and eliminate 5 , 600 by divesting business enterprises , reducing the deficit by 40 % to 14 , 000 . the restructuring comes after sas posted damages of 6 . 32 billion swedish krona in 2008 . the company is also to trade airbaltic and qantas and its shares in air greenland , bmi , scandinavia fly , skyways express , swedish airline and trust . spanair is to be bought for €1 . the business intend to switching to concentrating on its core nordic market .
European Airlines are cutting jobs.