Scandinavian Airlines (SAS) still remains under chapter 11 bankruptcy protection, and has in recent news agreed on a sale-leaseback with aircraft lessor Aviation Capital Group ("ACG"). The agreement accounts for…
LONDON - Scandinavian Airlines has issued a release confirming that it was the subject of a cyberattack earlier this week. On Wednesday 14, the carrier’s website and mobile app suffered…
LONDON - The bankruptcy protected Scandinavian carrier, Scandinavian Airlines, has sent its first Airbus A350 into storage at Tarbes, France, after the fleet reconstruction programme they announced has initiated. The…
LONDON - Scandinavian Airlines (SAS), announced on August 14 that it underwent a debtor-in-possession (DIP) financing credit agreement worth $700 million (USD), or 7.0 billion Swedish Krones respectively. The funds…
BERLIN - Nordic carrier SAS is expanding its network in North America. According to a press release, the carrier will start direct flights to Toronto from Copenhagen and Stockholm in…
LONDON - Sooner or later, they will all try to gain a competitive advantage against low-cost proliferation. The latest announcement comes from SAS Scandinavian Airlines that plans to launch two…