Scandinavian airline SAS said it had struck a deal to sell most of its money-losing Spanair unit to a Spanish consortium for one euro, leaving it with a 2.2 billion Swedish crown (Dh976 million) charge in the fourth quarter.SAS - which has been struggling in recent years to turn itself around - had abandoned an earlier effort to sell Spanair in June of last year after it was unable to secure a deal on acceptable terms. SAS said it sold 80.1 per cent of Spanair to a public-private consortium from Catalonia but the Scandinavian firm will still be responsible for Spanair debts following the deal. "In summary, the financial effects from Spanair's 2008 result and this transaction on the SAS Group in 2008 will be a negative effect of 4.895 billion crowns reported as discontinued operations in the 2008 financial statements," SAS said.SAS said it will continue to lease 18 aircraft to Spanair on market terms.