Sign Up
Stories
SAS Secures $1.2 Billion Rescue Package
Share
SAS Receives Approval for $1.2 Billion R...
SAS Secures $505 Million Financing for R...
Astra Defaults on Debt Agreement, Sierra...
Astra Struggles with Debt Default and Ca...
Aviation Finance Industry Thrives
Overview
API
Airline SAS secures $1.2 billion in a bankruptcy court for a rescue package involving Air France-KLM and Castlelake LP. The financing aims to aid SAS's restructuring and consolidate Europe's aviation industry.
Ask a question
How might the rescue package impact SAS's ability to compete with other major carrier groups in Europe?
What are the potential implications of Apollo Global Management joining the consortium for SAS's restructuring?
What factors contributed to SAS's significant decline in passenger demand and pilot strikes?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Jun 2023
Aug 2023
Oct 2023
Coverage