SAS

SAS lost SEK3.5b in second quarter ended April 30 (vs SEK933m loss a year ago) on 47% lower revenues. It says it is currently in active, intensive and constructive discussions with major shareholders/selected stakeholders on a recapitalization plan.

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.