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Close to 1,000 pilots in Denmark, Sweden and Norway plan to
strike if talks break down, according to the unions, which SAS
had said could leave some 30,000 passengers stranded each day.
"We need to sleep, none of us have slept for a really long
time," SAS' lead negotiator Marianne Hernaes told reporters
after the latest round of talks which ran through the night.
A strike would comes at a difficult time for loss-making SAS as
it seeks to restructure its business by undertaking large cost
cuts, raising new cash and converting debt to equity as part of
a plan to rescue the carrier from collapse.
Swedish daily Expressen had earlier reported, citing unnamed
sources, that a deal had been reached, but SAS said the talks
were still ongoing in the hope of averting a strike.
(Reporting by Terje Solsvik; editing by Niklas Pollard)
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