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