SAS Group has reported a net loss of SEK112 million ($17.5 million) for the quarter November 2013 to January 2014, marking a significant improvement from the SEK588 million net loss recorded for the same period in the previous year. The airline said the results were “as expected,” with comparative figures for the year-ago period including the results of regional carrier Widerøe which was sold in September last year. SAS president and CEO Rickard Gustafson said: “As expected, this has been a weak quarter in terms of earnings. The first quarter is seasonally the weakest, but this quarter was also marked

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