The Scandinavian airline, SAS, announced that it has gone bankrupt a day after 1,000 pilots walked out on strike. On Tuesday, the airline voluntarily filed for ‘Chapter 11 bankruptcy proceedings’ in ...

FILE – SAS planes are grounded at Oslo Gardermoen airport during pilots strikes, in Oslo, Friday, April 26, 2019. SAS has filed for bankruptcy in the United States … ...

Scandinavian airline SAS said it would file a second amended Chapter 11 plan of reorganization with the U.S. Bankruptcy Court for the Southern District of New York on Monday and said it had ...

SAS CEO and President Anko van der Werff and Chairman Carsten Dilling explain the decision to file for Chapter 11 on July 5.

The carrier said in a statement it would file the amended Chapter 11 plan with the U.S. Bankruptcy Court for the Southern District of New York to include its final and updated projections. SAS ...

Scandinavian airline SAS forecast on Tuesday its revenue to exceed 48 billion Swedish crowns ($4.57 billion) in 2024, and expects to emerge from an amended Chapter 11 plan of reorganization by the ...

Scandinavian airline SAS said it would file a second amended Chapter 11 plan of reorganization with the U.S. Bankruptcy Court for the Southern District of New York on Monday and said it had obtained ...