SAS is applying for bankruptcy protection in Sweden
Stockholm, March 27 (Hibya) - SAS AB, the Swedish part of Scandinavian Airline SAS, has announced on the stock exchange that it is seeking bankruptcy protection in Sweden.
This step was previously announced in the company's rescue plan (Chapter 11 plan). It was the next step after a court in New York approved the company's restructuring plan on March 19 this year.
The company said in the same stock exchange announcement that this would not affect operations.
Albania News Agency
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