STOCKHOLM, SWEDEN - Scandinavian airline SAS and the unions representing their pilots said Tuesday that they had reached an agreement, ending a two-week strike that has cost the ailing airline between $9.0 and $12 million a day.
"SAS pilots have taken responsibility to sign a new agreement with SAS and the strike will cease," the Swedish Air Line Pilots Association said in a separate statement. They were protesting against salary cuts demanded by management as part of a restructuring plan aimed at ensuring the survival of the company, and the firm's decision not to re-hire pilots laid off during the Covid-19 pandemic.
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