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RSS FeedsSAS announces recapitalization plan to continue as a key provider of important Scandinavian airline infrastructure
(WorldNews Denmark)

 
 

30 june 2020 09:46:09

 
SAS announces recapitalization plan to continue as a key provider of important Scandinavian airline infrastructure
(WorldNews Denmark)
 


SAS announces recapitalization plan to continue as a key provider of important Scandinavian airline infrastructure Not for release, publication or distribution, directly or indirectly, in or into the United States, Canada, Japan, Australia or any other jurisdiction where such action would be unlawful. As previously announced by SAS AB (`SAS` or the `Company`), the COVID-19 pandemic and the associated travel restrictions have created a global crisis for the aviation industry. SAS immediately implemented a broad range of measures to radically reduce costs as a result of the decline in demand, which is not expected to return to pre COVID-19 levels before 2022. The Board of Directors of SAS (the...


 
20 viewsCategory: General > Europe > Denmark
 
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