SAS secures austerity deal from unions Managers at the Scandinavian airline SAS have secured agreement from the final union over severe cost-cutting plans to avoid bankruptcy. SAS said the Danish cabin-crew had followed seven other airline unions who had already agreed a deal on wage cuts, changes to working hours and pensions. SAS is up against stiff competition from Ryanair and Norwegian Air Shuttle, which both have lower operating costs. The union deal was central to securing 400-million euros in credit. More about: Airlines, Economic crisis, Jobs, Trade unions