SAS lost over NOK 4 billion from November to the end of March – Latest news – news

26 April 2023 at 08:06 SAS lost over NOK 4 billion from November to the end of March The monthly update on the financial situation of the airline SAS shows that the company has lost NOK four billion since November. The company writes this in a message on Wednesday morning. At the end of February, they had lost NOK 3.6 billion, which means that the company lost NOK 400 million during March. The airline has been granted bankruptcy protection in the USA. The report is presented as part of the bankruptcy protection process the company is undergoing, which is called chapter 11. As part of this, SAS has been granted a crisis loan of around SEK 7 billion from Apollo Global Management, E24 has previously written. This loan will help keep the airline running during the restructuring process. (NTB)



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