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SAS files for Chapter 11 bankruptcy proceedings in US

admin2022-11-195

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SAS says its operations and flight schedule are unaffected by the Chapter 11 filing and the airline will continue to serve its customers as normal. – EPA pic, July 5, 2022.

SCANDINAVIAN airline SAS said today it has filed for so-called Chapter 11 bankruptcy proceedings in the United States as a part of a restructuring plan, a day after pilots walked out on strike. 

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In order “to proceed with the implementation of key elements of (its business transformation plan), SAS and certain of its subsidiaries have voluntarily filed for Chapter 11” in the US, the troubled carrier said in a statement. 


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