11-Nov-2010 3:49 PM
SAS plummets on EUR113.3m loss for 3Q2010; British Airways also down
Analysis
SAS (-7.5%) led European airline stocks lower on Wednesday (10-Nov-2010) after reporting a net loss of EUR113.3 million for the three months ended 30-Sep-2010, compared with a profit of EUR16.4 million in the previous corresponding period. The result was on a 3.5% year-on-year decline in revenue to EUR1.2 billion.
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