SAS Begins Raising New Financing Under Chapter 11 Rules

SAS
Credit: SAS
The next step in Scandinavian Airlines’ (SAS) transformation plan, SAS Forward, was unveiled April 6 when the carrier said it had begun a process to raise equity financing. SAS is currently operating under Chapter 11 rules as it seeks to reorganize and emerge financially healthier. As part of the...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

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