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SAS needs to attract new investors and has said that in order to do that it must slash costs across the airline

SAS files for US bankruptcy protection

Scandinavian airline SAS has filed for bankruptcy protection in the US to help accelerate restructuring plans, it said today, as it warned that strike action by pilots had impacted its financial position and liquidity.

Business • 05 Jul 22

SAS had said the strike could leave some 30,000 passengers stranded each day

SAS survival at stake as pilot strike grounds flights

Wage talks between Scandinavian airline SAS and its pilots collapsed today, the airline's chief executive told reporters, triggering a strike that will paralyse large parts of the embattled carrier's operations.

Business • 04 Jul 22

SAS last week said it had not made sufficient progress on its restructuring plan

SAS won't get any more cash from Swedish government

The Swedish government will not inject new capital into SAS, its industry minister said today, dealing a blow to the loss-making airline's restructuring efforts and sending its shares down 14% to all-time lows.

Business • 07 Jun 22

SAS is part-owned by the governments of Sweden and Denmark and has been struggling for years

Second quarter losses at SAS narrow

Airline SAS has today reported a February-April loss that was smaller than an year ago and said it aimed to raise at least 9.5 billion Swedish crowns ($972 million) in new equity capital.

Business • 31 May 22

The SAS airline is part-owned by the governments of Sweden and Denmark

SAS launches savings plan to raise more cash

Airline SAS said today it would launch a new transformation programme and look to raise new capital after reporting a wider loss first-quarter loss than a year earlier.

Business • 22 Feb 22

Airline bosses fear that travel restrictions linked to the Omicron variant of the coronavirus risks blowing an industry recovery off course

Airlines bosses worry about impact of Omicron variant

Airline bosses have voiced concern that travel restrictions linked to the emergence of the Omicron variant of the coronavirus risked blowing an industry recovery off course.

Business • 01 Dec 21

The ECJ ruled today that financial support for SAS after pandemic-related travel restrictions was permitted under EU state aid rules

Ryanair challenges against SAS and Finnair aid rejected

Ryanair has had its complaint over Covid-related government support by Sweden and Denmark for the SAS airline overturned by the European Court of Justice.

Business • 14 Apr 21

SAS said today it still expected demand to return to more normalised levels next year

Losses at SAS widen as pandemic curbs travel

The SAS airline said today it still expected demand to return to more normalised levels next year after it reported a larger first-quarter loss due to the withering impact on air travel from the pandemic.

Business • 25 Feb 21

Ryanair has filed a total of 16 lawsuits against the European Commission

Ryanair to appeal EU court ruling on state aid

Ryanair has lost its fight against state aid granted to flag carriers including rivals Air France and SAS after a top European court said such schemes amid the Covid-19 pandemic were not discriminatory.

Business • 17 Feb 21

Norwegian Air posted a half year net loss of 5.4 billion Norwegian crowns, compared with a loss of 1.4 billion crowns the same time last year

Norwegian Air aiming to secure more cash this year

Norwegian Air still needs more cash in order to weather the Covid-19 pandemic, the budget carrier said today, as it reported a deep loss for the first half of 2020.

Business • 28 Aug 20

The SAS plan is supported by owners Sweden, Denmark and the Knut and Alice Wallenberg Foundation

SAS agrees recapitalisation plan with main owners

SAS and its main owners have agreed on a recapitalisation plan to help ride out the collapse in air travel brought on by the coronavirus pandemic, the Scandinavian airline said today.

Business • 30 Jun 20

Air France has already put in place a voluntary regime, allowing pilots and crew to opt out of China flights

Air France cabin crews demand halt to China flights

Cabin crew unions at Air France have demanded that the carrier stop flying to China, staff representatives told Reuters, amid concern that the flights may expose employees to the coronavirus and help spread infections.

Business • 30 Jan 20

SAS is renewing its aging fleet and has been restructuring for years to cut costs

SAS Q2 loss more than doubles as pilot strike hits

Scandinavian airline SAS today warned it would struggle to meet its full-year forecast after posting a sharp rise in second-quarter pre-tax losses, as it counted the cost of a recent strike by its pilots.

Business • 28 May 19

64,000 passengers will be affected when 587 flights are cancelled across Scandinavia

More flights grounded as SAS pilots go on strike

Scandinavian airline SAS has cancelled hundreds of flights scheduled for tomorrow as a pilot strike entered its second day, disrupting the travel plans of tens of thousands of passengers.

World • 27 Apr 19

Photographs from the scene showed the SAS soldier (L) entering the complex in Nairobi

SAS soldier involved in Nairobi rescue operation

A heavily-armed man seen working with Kenyan forces and helping victims during the Nairobi attack this week was a member of Britain's special forces, British media reported, citing officials.

World • 17 Jan 19