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UPDATE 6-Airline SAS clashes with striking pilots over U.S. bankruptcy filing
Reuters via Yahoo Finance· 2 years agoScandinavian airline SAS has filed for bankruptcy protection in the United States to help cut debt, it said on Tuesday, piling pressure on striking pilots it blames for deepening its financial ...
Wizz Air becomes the latest European airline to slash its summer flight schedule to cope with the...
Business Insider via Yahoo News· 2 years agoWizz Air released a trading update on Monday.picture alliance / Contributor / Getty Wizz Air...
UPDATE 1-Airline SAS receives US court approval for bankruptcy restructuring
Reuters via Yahoo Finance· 2 months agoScandinavian airline SAS said on Tuesday a U.S. Bankruptcy Court had approved its Chapter 11 plan of reorganization. U.S. Bankruptcy Judge Michael Wiles approved SAS AB’s bankruptcy restructuring ...
UPDATE 1-SAS scrambles to bring tourists home as strike hits more flights
Reuters via Yahoo Finance· 2 years ago* Airline has filed for bankruptcy protection in U.S. STOCKHOLM, July 8 (Reuters) - SAS cancelled almost 70% of its flights on Friday as it scrambled to bring home thousands of tourists stranded ...
UPDATE 1-Pilot strike grounds more SAS flights as first Chapter 11 court date nears
Reuters via Yahoo Finance· 2 years agoAirline SAS headed into the third day of a crippling pilot strike which sent new bookings tumbling and prompted the cancellation of well over half its flights on Wednesday. Talks between SAS ...
UPDATE 1-SAS bridge financing keeps survival hopes airborne, shares climb
Reuters via Yahoo Finance· 2 years agoScandinavian airline SAS kept its bid for survival aloft at the weekend by securing bridge financing through bankruptcy protection proceedings, sending its shares 5% higher on Monday. The airline ...
UPDATE 3-Airline SAS predicts busy summer as loss shrinks
Reuters via Yahoo Finance· 1 year agoScandinavian airline SAS expects a busy summer season, it said on Thursday as it reported a reduced second-quarter pretax loss. The Nordic airline, like others in Europe's aviation sector, has ...
UPDATE 1-SAS and pilots to resume negotiations on Monday after 14 days of strike -NRK
Reuters via Yahoo Finance· 2 years agoAiling Scandinavian airline SAS and striking pilot unions will resume negotiations on Monday, public broadcaster NRK said, after failing to reach new collective agreements over the weekend.
UPDATE 1-Airport worker strikes ground some flights in Paris
Reuters via Yahoo Finance· 2 years agoAirport workers went on strike at Paris' main international airport Roissy-Charles de Gaulle on Friday, forcing the cancellation of about 10% of flights and bringing more disruption to early ...
UPDATE 2-SAS and unions to resume talks on Saturday as pilot strike drags on
Reuters via Yahoo Finance· 2 years agoCrisis hit airline SAS said on Friday negotiations with pilots to secure new working terms and make savings that will allow it to secure its future will start again on Saturday. A majority of ...