SAS Secures $1.5B In Shareholder Recapitalization Plan
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...
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