Market optimistic on SAS

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News that all unions but one have agreed terms with the Scandinavian Airlines System appear to have bolstered market sentiments, with the SAS stock bumping up some 21 per cent some 30 minutes after opening at around DKK6 kr.

The market was reacting to news that the pilots organisations in Sweden, Denmark and Norway had reached agreement with SAS on a rescue conditions package. Cabin crew organisations, apart from a single Danish one, have also reached agreement with the airline.

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