UPDATE – SAS is seeking to raise at least SEK 9.5 billion in new equity capital and convert SEK 20 billion in debt and bonds into common shares as part of its FORWARD transformation plan. The capital raise was announced on May 30 during an update of the plan and...
The engine leasing business has come to a grinding halt in Denmark as the result of a decision by a bankruptcy judge to invalidate engine leases on certain Cimber Air Bombardier CRJ200 aircraft and rule that the engines belonged to the airframe, even though they were...
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