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"We have almost completely transformed the company in record time. It is a first yet crucial step" rejoiced SAS CEO Rickard Gustafson at a press conference on November 19, announcing that the 8 pilots and flight attendants’ unions had signed the agreement he had presented as the 'last resort' before bankruptcy. Employees were asked to make major concessions on pay, pensions and productivity. The unions concerned are happy that they were able to save jobs but angry at the way negotiations were handled. They also criticized the way the different governments behaved. (Ref. 120688)
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