The SAS strike is over, and the company may have lost close to NOK 2 billion because large parts of the aircraft fleet have been on the ground for more than two weeks. The company is now looking for new owners, and has announced that it needs SEK 9.5 billion in the form of new shares. The question is who will line up with the money. The Norwegian state and the Swedish state have put their foot down. Jan Petter Sissener, who heads the management company Sissener, says that his company may be interested in injecting fresh money into SAS. – It will depend entirely on what the total package looks like. That SAS has reached the goal with the pilots is only a bit, and a very small bit. The big part is getting to the end with the creditors, Sissener says to news. The hedge fund Sissener Canopus, has previously participated in capital increases in the airlines Norwegian and Flyr. SAS is now under bankruptcy protection in the USA according to the so-called Chapter 11 rules, and aims to get its lenders to agree to convert SEK 20 billion in debt into new shares. – They must show us and other investors that they have a business model going forward that makes it possible to make money. That’s the most important thing. WE’ll be looking at that, absolutely. And are neither positive nor negative. But there are many puzzle pieces that need to be put in place, he says. Of the largest owners, only the Danish state owns it
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Sissener will consider injecting new money into SAS – news Norway – Overview of news from different parts of the country
