Sweden Backs SAS Proposal To Convert $2B Bailout Into Equity

SAS
Credit: Joe Pries
The Swedish government has granted Scandinavian Airlines’ (SAS) request to convert around SEK20 billion ($2 billion) of debt provided by the state during the pandemic into equity, but Stockholm is refusing to contribute to the airline’s much-needed capital increase. During the COVID-19 crisis, SAS...
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.

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