SAS Delays Taking $350M Loan, Citing ‘No Near-Term Need’

Victoria Moores April 17, 2023
SAS tail
Credit: SAS
Scandinavian Airlines (SAS) has decided not to take up a $350 million debtor-in-possession (DIP) loan during the second quarter (Q2) of 2023 as originally planned, because “certain conditions” to access the funding have not been met, and SAS said it has “no near-term need” for this additional...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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