Sas News

The Scandinavian airline group SAS recorded a loss of 1.7 billion kronor in 2011 after taking a big writedown following the bankruptcy of Spanish budget carrier Spanair.

STOCKHOLM &#8212 The Scandinavian airline group SAS says it took a 2.1 billion kronor loss in the fourth quarter, mostly due to a writedown on its stake in now-bankrupt Spainair.

A soldier trying out for the elite SAS is in a coma after suffering extreme heat stroke while taking part in a gruelling selection course.

Scandinavian airline group SAS AB, which has a nearly 11 percent stake in Spanair, says it will have to write down 1.7 million kronor after the Spanish carrier filed for bankruptcy as funds ran dry.

The elite "Who Dares Wins" trooper hurtled out of control as he drove the unmarked white van at 2.30am in the fabled unit's home city of Hereford.

Scandinavian airline group SAS AB says it will lay off 300 administrative workers as part of its efforts to reduce costs.