Tag recapitalization

Airlines

SAS transformation risks getting nowhere without union support

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SAS is having great difficulty in getting support for its SAS Forward transformation plan from key stakeholders. It risks ending up in a court procedure as negotiations have been unsuccessful so far, the airline said on April 29 in a…

Richard Schuurman
April 29, 2022

Airlines

Air New Zealand to raise 2.2 billion to bolster financial position

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Air New Zealand has disclosed details of its planned recapitalization, which should help it recover from the effects of the two-year Covid-crisis that hit the airline deeply. With the new NZ$2.2 billion package, Air New Zealand wants to repay an…

Richard Schuurman
March 30, 2022