SAS Scandinavian Airlines (SK, Copenhagen Kastrup) parent company SAS AB has announced it has applied for “company reorganisation” in Sweden, pending approval from the Stockholm District Court. The application concerns only the listed parent and not its subsidiaries or the airline itself, which will continue to operate as usual, it said in a statement dated March 27.

This move comes in the wake of the confirmation of SAS’s Chapter 11 restructuring plan by the US Bankruptcy Court for the Southern…

Source: ch aviation
Read more: SAS parent applies for "company reorganisation" in Sweden