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SAS sinks another 5%, Air France-KLM interested in Czech Airlines - share wrap

Analysis

SAS shares have lost another 40% of their value since the start of 2009, dropping 5.2% yesterday. This week's announcements of further network cuts (Copenhagen-Seattle service next Winter) and reports in the French media that Air France-KLM is still interested in possibly acquiring the Scandinavian carrier, have failed to stem the slide in SAS's share price.

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