View Full Version : SAS Reaches Deal with All Parties, Not Filing Bankruptcy

11-19-2012, 07:07 AM
Good news...

SAS did reach an agreement with all unions and is not filing for bankruptcy.

SAS Avoids Bankruptcy After Unions Approve New Plan (http://www.frequentbusinesstraveler.com/2012/11/sas-avoids-bankruptcy-after-unions-approve-new-plan)

SAS, Scandinavia’s biggest airline, can proceed with austerity measures and avoid bankruptcy after all eight of its unions agreed to a new rescue plan that will keep it afloat......

01-12-2013, 06:10 PM
Pleased to hear SAS will keep flying. I have flown them several times and have always had a great flight with great service. I hope they can work things out so they will stay in business for a long time.