SAS Scandinavia pilots’ union delays its strike
Scandinavian Airlines-SAS has mader this announcement: After weeks of mediation, the mediators have, together with SAS and the SAS Scandinavia pilots’ unions, decided to further postpone the strike...
View ArticleSAS Scandinavia pilots’ union decides to go on strike, 50% of SAS flights...
Scandinavian Airlines-SAS has made this announcement of a pending strike: Members of the SAS Scandinavia pilots’ unions have been called out on strike. The strike yields cancelations across the flight...
View ArticleSAS voluntarily files for Chapter 11 reorganization in the U.S.
Scandinavian Airlines-SAS has made this announcement: SAS AB has announced it is taking the next step in the comprehensive business transformation plan SAS FORWARD. To proceed with the implementation...
View ArticleDespite bankruptcy, SAS’ traffic was up 220% in June
Scandinavian Airlines-SAS issued this traffic report: During June more than 1.9 million passengers traveled with SAS, an increase of approximately 220% compared to the same month last year. SAS’...
View ArticleSAS receives all court approvals necessary to continue operating its business
SAS AB has announced that it has received approval from the U.S. Bankruptcy Court for the Southern District of New York for all of its “First Day” motions as part of the Company’s voluntary chapter 11...
View ArticleSAS 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...
View ArticleSAS 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...
View ArticleSAS’ 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...
View ArticleSAS 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...
View ArticleSAS 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...
View ArticleSAS 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...
View ArticleSAS 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...
View ArticleSAS 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...
View ArticleSAS 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...
View ArticleSAS 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...
View ArticleSAS 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...
View ArticleSAS’ 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...
View ArticleSAS 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...
View ArticleSAS 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...
View ArticleSAS 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...
View Article