SAS Group reports 4Q2009 financial highlights

SAS launches new cost measures amounting to SEK 2.0 billion and that expand its current cost program to a total of SEK 7.3 billion, which is expected to have a remaining earnings impact of about SEK 5 billion, with the majority of the effects expected in 2010. In addition, a letter of intent, with a clearly defined commitment, has been signed with the flight deck and cabin unions for a further cost saving of MSEK 500 during the first quarter of 2010.