UPDATE Oct 5 – In an update of its Chapter 11 restructuring and financial outlook, SAS Scandinavian Airlines says it...
SAS Forward
The 15-day pilot strike in July has cost Scandinavian airline SAS some SEK 1.4 billion ($135 million). It erased most...
SAS has entered a debtor-in-possession (DIP) credit agreement of $700 million/SEK 7.0 billion with Apollo Global Management. The arrangement...
After a fifteen-day pilot strike that caught out thousands of passengers, SAS and the pilot unions have reached an...
Scandinavian carrier SAS warns that it will have to radically downsize its operations and fleet, and even sell strategic assets...
UPDATE – SAS is seeking to raise at least SEK 9.5 billion in new equity capital and convert SEK...