SAS Delays Taking $350M Loan, Citing ‘No Near-Term Need’

Victoria Moores April 17, 2023
SAS tail
Credit: SAS
Scandinavian Airlines (SAS) has decided not to take up a $350 million debtor-in-possession (DIP) loan during the second quarter (Q2) of 2023 as originally planned, because “certain conditions” to access the funding have not been met, and SAS said it has “no near-term need” for this additional...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

Subscription Required

 

SAS Delays Taking $350M Loan, Citing ‘No Near-Term Need’ is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.

LoginLearn How

Related Content

delta a330-300
Delta Strengthens SAS Partnership, Adds Shanghai Service
SAS
SAS CEO Hopes To Join Transatlantic Joint Venture
Braathens Regional Airlines
Braathens Regional Airlines Becomes SAS’s Prime Wet-Lease Partner
sas scandinavian jet on tarmac
SAS Prioritizes Copenhagen Hub Growth
sas skyteam tail fin logos
SAS Switch To SkyTeam From Star Alliance Marks Major Change
Aviation Week Intelligence Network
Monitor the market and connect your business to the people, programs and proprietary data driving the Commercial Aviation market - only available with AWIN.

AVD_AWIN_270

Stay Connected.
Stay Informed.
Grow Your Business.

Learn How