SAS Secures $1.5B In Shareholder Recapitalization Plan

SAS
Credit: Nigel Howarth / Aviation Week
Scandinavian Airlines (SAS) has secured a SEK14.25 billion ($1.5 billion) recapitalization, led by the Danish and Swedish governments along with third-largest shareholder the Knut and Alice Wallenberg Foundation. The recapitalization plan is subject to necessary general meeting approvals and will be...
Kurt Hofmann

Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting…

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