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SAS avoids bankruptcy

US court approves company rescue procedure

The cut in handling services at airports, the protest of its pilots, the concern of shareholders. More than a year after the announcement of the imminent bankruptcy, in the absence of a serious recapitalization plan, the carrier Scandinavian Airlines has now received approval on the rescue of the airline from a US bankruptcy court. Avoiding the company's bankruptcy will cost 1.2 billion euros. Around...

Gic - 1255088

AVIONEWS - World Aeronautical Press Agency
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