SAS Secures $700M In Debtor-In-Possession Financing
SAS AB (OTC:SASDY) has entered into a debtor-in-possession (DIP) financing credit agreement for $700 million with Apollo Global Management, Inc. (NYSE:APO).DIP financing is a specialized type of bri
Benzinga Real-time NewsAug 15, 2022 07:40 ET
SAS Reaches Deal With Pilots' Unions; Ends 15 Day Strike
SAS AB (OTC:SASDY) has reached a deal with SAS Scandinavia pilots' unions after fifteen days of strike.The parties have agreed on new 5.5-year collective bargaining agreements.Flights operated by SAS
Benzinga Real-time NewsJul 19, 2022 08:08 ET
Pilot Strike Forces SAS To File For Chapter 11 Bankruptcy In US
Scandinavian airline SAS AB (OTC:SASDY) has filed for bankruptcy protection in the U.S. to help accelerate restructuring plans.Wage discussions between SAS and its pilots collapsed, sparking a strike
Benzinga Real-time NewsJul 5, 2022 07:38 ET
SAS AB reports FQ4 results
SAS AB (OTC:SASDF): FQ4 GAAP EPS of -SEK$0.12.Revenue of SEK5.76B (+89.5% Y/Y).Press ReleaseManagement comment: " During the pandemic, we see that demand for travel has changed and SAS expects a great
Seeking AlphaDec 1, 2021 04:45 ET
SAS 4Q Net Loss Narrowed as Demand Continued to Increase
By Dominic Chopping STOCKHOLM--Scandinavian airline SAS AB said Tuesday that its fiscal fourth-quarter net loss narrowed as customer demand and ticket sales continued to increase, but caution
Dow Jones NewswiresNov 30, 2021 09:04 ET
SAS October Passenger Numbers Rose 18% on Month
By Dominic Chopping STOCKHOLM--SAS AB carried 1.349 million passengers in October, up 18% from 1.148 million passengers in September, and from 593,000 in October last year. "It is positiv
Dow Jones NewswiresNov 8, 2021 06:22 ET
SAS Passenger Numbers Rose in September
DJ SAS Passenger Numbers Rose in September By Dominic Chopping STOCKHOLM--SAS AB carried 1.148 million passengers in September, up 5.6% from the 1.087 million in August and 595,000 in September l
Dow Jones NewswiresOct 7, 2021 06:34 ET
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