Final union agrees to restructuring

SAS shares soar on reports of agreement Nov 19, 11:17am News that SAS has reached an agreement with several of its employee unions has been well received by the markets this morning. As of 11am, the airline's shares were trading...

SAS shares soar on reports of agreement

Nov 19, 11:17am

News that SAS has reached an agreement with several of its employee unions has been well received by the markets this morning. As of 11am, the airline's shares were trading at 6 kroner, up about 20 percent over Friday's close. 

SAS shares surged from the start of trading today on news that it only lacked an agreement with only Danish cabin attendants in order to be able to implement its restructing plan aimed at keeping the company in business by saving 2.8 billion kroner annually,

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