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SAS Scandinavian Airlines expects to start the equity solicitation process no later than April which should result in attracting fresh funding from investors. This is a major step that, if successful, should lead to SAS exiting Chapter 11 restructuring in…
The full-year loss of SAS Scandinavian Airlines deepened as the airline works its way through the Chapter 11 restructuring process. Despite carrying significantly more passengers in the past months, the financial results are lagging behind. SAS continues to see deep red…