Scandinavian Airlines Declares Chapter 11 Bankruptcy in the United States

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Scandinavian Airlines β€” which is also known as SAS β€” and some of its subsidiaries filed voluntary petitions under Chapter 11 of the Bankruptcy Code of the United States yesterday, Tuesday, July 5, 2022 in the United States Bankruptcy Court for the Southern District of New York in order to accelerate the transformation of the airline by implementing key elements of its SAS FORWARD plan towards building a sustainable future for the airline.

This was published by The Gate, to read the complete post please visit https://thegate.boardingarea.com/scandinavian-airlines-declares-chapter-11-bankruptcy-in-the-united-states/.