LFV meets deficit with streamlining programme

Swedish Air Navigation Services Provider LFV's operating profit for the first nine months was SEK 15 million. The en route segment however has drawn a significant loss.
The considerable decrease in traffic during the recession and escalating costs over the past few years coupled with the increased demands in pension-premium payments, have contributed to the expected deficit of en route operations amounting to SEK 575 million by the end of this year. [11/30/2010]