SAS
SAS filed Chapter 11 in US to implement key elements of its SAS FORWARD Plan; it pilots also went on strike. Its cash-balance was SEK7.8b as of June 30 and expects to complete its court-supervised process in the US in 9-12 months.
Subscription Required
SAS is part of our SpeedNews subscription.
Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.
Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.