07-Jul-2009 2:30 PM
SAS union negotiations collapse, Norwegian’s yields fall, Air France-KLM and Lufthansa rise
Analysis
Shares in beleaguered Scandinavian carrier, SAS, fell a further 2.6% yesterday as negotiations with its 39 (yes, 39) trade unions collapsed (see below). Another carrier with union problems, British Airways, fell back 1.3% yesterday, while Lufthansa and Air France-KLM each rose 2.2% ahead of Air France-KLM's traffic report for Jun-2009.
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