Instead of the most areodynamic way of flying straight, and the worst aerodynamic way of flying completely sideways, you power-slide the plane so that it's not dead-straight and the extra wind-resistance slows you down.
One of the pilots had sail-plane experience from riding a one-man ice-boat with a sail attached over an icy lake - which is where he learned the maneuver. You can slow your speed by the same trick, it's just not usually done with an airliner.