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SAS at the brink, seeks DIP financial backers
Scandinavian Airlines-SAS issued this statement: The strikes undertaken by the SAS Scandinavia pilots’ unions, which began on July 4, 2022, already have severely impacted the liquidity and overall...
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SAS reaches agreements with SAS Scandinavia pilots’ unions, ending the pilot...
Scandinavian Airlines-SAS made this announcement: After 15 days of strike, SAS and SAS Scandinavia pilots’ unions have concluded mediation. The parties have agreed on new 5.5-year collective bargaining...
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SAS’ July figures severely impacted by 15-day pilot strike
Scandinavian Airlines-SAS released this traffic report for July: During July more than 3,700 flights were cancelled and 380 000 passengers were affected by the SAS’ Scandinavia pilots unions strike...
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SAS secures $700 million in debtor-in-possession financing
Scandinavian Airlines-SAS has secured DIP financing to keep the airline going with this announcement: SAS AB has announced that it has entered into a debtor-in-possession (DIP) financing credit...
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SAS sees increased demand in the third quarter, but reports a loss
Scandinavian Airlines-SAS issued this report on the third quarter 2022. SAS results were severely affected by a 15-day pilot strike between July 4 and July 19, causing traffic disruption and leading...
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SAS reports close to 2 million passengers traveled with SAS in August
Scandinavian Airlines-SAS issued this report: In August 1.9 million passengers traveled with SAS, an increase of approximately 70% compared to the same month last year. SAS’ capacity increased by...
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SAS receives court approval for $700 million in Debtor-in-Possession (DIP)...
SAS AB has announced that the U.S. Bankruptcy Court for the Southern District of New York has approved SAS’ debtor-in-possession (“DIP”) financing credit agreement for USD $700 million with funds...
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SAS signs letter of support with Heart Aerospace for options for ES-30...
Scandinavian Airlines-SAS has made this announcement: SAS has signed a Letter of Support with Heart Aerospace for the option to add their new electric aircraft, ES-30 to the SAS regional aircraft...
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SAS launches “Journeys That Matter”
Scandinavian Airlines-SAS has made this announcement: “Journeys That Matter” is the name of SAS’ new communication concept, which is launched through a new advertising campaign today. The campaign...
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SAS to join the SkyTeam Alliance on September 1
SAS made this announcement: Today marks an exciting milestone as SkyTeam and SAS have officially signed an Alliance Adherence Agreement (AAA), serving as an important step toward SAS’ official entry...
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