Scandinavian Flag carrier SAS has officially secured the funding necessary to continue operations as it seeks to return to profitability. Scandinavian Airlines System, known as SAS, was approved by the US Bankruptcy Court for the Southern District of New York for USD 700 million (7.0 billion Swedish Krones) of financing.
Read More Here: It’s Official: Court Approves $700 Million SAS Financing | SimpleFlying.com
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