*Nettavisen* Nyheter.

Hundreds lose jobs in Norwegian airlines

Norwegian airlines Braathens and Widerøe, both owned by SAS, need to save 900 million Swedish Kronor. Several hundred staff will lose their jobs.

Costs are to be cut by 900 million Swedish Kronor by the end of 2004 and employees will have to pay the price, Aftenposten reports.

«The cost cutting programme will affect more than the 6000 SAS employees who are already affected», said SAS deputy CEO, Gunnar Reitan.

1500 staff has already lost their SAS jobs and another 4500 will be axed in the near future. SAS plans to cut 13-14 billion Swedish kronor over the next two years.

Gunnar Reitan does not know the exact number of people who will lose jobs in Braathens and Widerøe.

SAS presented reasonable results for the second quarter of 2003. The airline runs with a profit again and parts of the business are growing.

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