SAS continues to write red numbers, reporting higher operating and net losses for both Q2 and HY1 of the financial year 2023 today. Only revenues and the earnings before tax show an improvement, but the Scandinavian airline remains in a difficult financial position...
SAS Scandinavian Airlines has received approval from the New York Southern District bankruptcy court to launch the equity solicitation procedure to raise fresh capital. The carrier has been preparing for this step, which is part of the SAS FORWARD restructuring plan...
SAS Scandinavian Airlines is more optimistic about its long-term financial position and has revised upward guidance on key financial targets. This follows on a more detailed review since the airline shared preliminary figures in late February. SAS more bullish about...
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