SAS, unions close to deal to end pilot strike: reports
OSLO/STOCKHOLM - Scandinavian airline SAS and unions are close to reaching a deal to end a week-long strike by pilots that has grounded 380,000 passengers, Norwegian media reported.
However, a spokeswoman for employer group the Swedish Confederation of Transport Enterprises, which is negotiating on behalf of the Swedish pilots, later told Reuters that mediation between the parties was still ongoing.SAS has cancelled more than 4,000 flights since pilots went on strike on April 26 over wages and working conditions. Talks have been going on in Oslo since Wednesday to try to resolve the dispute and get SAS planes flying again.
Close to bankruptcy in 2012, SAS sold assets and cut wages and thousands of jobs in return for a life-saving credit facility. It has been profitable in the last four years but fuel costs are rising and overcapacity is still squeezing the sector.
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