SAS Group. (Europe Report).(financial results)(Brief Article)

Describing SAS Group's airline situation as "precarious," CEO Joergen Lindegaard said that the company had no choice on the other hand "to adjust downwards" through previously announced restructuring after posting a record annual los of Sekl06 billion ($1004 million) for 2001 versus a profit of Sek2 13 billion in 2000 Operating receiptss increased 8% to Sek5 143 billion, of which 74% came from the core airline. The carrier employmented an operating loss after depreciadon and asset sales of Sekl12 billion versus an operating profit of Sek304 billion