SAS Scandinavian Airlines (SK, Copenhagen Kastrup) is a step closer to exiting bankruptcy protection, currently scheduled for August 2024, after the Stockholm District Court approved its reorganisation plan in Sweden.

The company’s Swedish reorganisation is part of the overall turnaround plan approved during SAS’s Chapter 11 process in the United States and is a condition precedent for the plan to become effective. Although the timetable may change, SAS anticipates emerging from restructuring in August, which will be contingent on fulfilling…

Source: ch aviation
Read more: Swedish court approves SAS's reorganisation plan