SAS plans rights issue in a retreat to its home markets

Author (Person)
Series Title
Series Details 4.2.09
Publication Date 04/02/2009
Content Type

SAS Scandinavian Airlines reported February 2009 it was planning a SKr6bn ($726m) rights issue as it launched a restructuring aimed at shrinking its activities and pulling the group out of heavy losses.
Related Links
ESO: Background information: Lufthansa ends talks with struggling SAS http://www.europeansources.info/record/lufthansa-ends-talks-with-struggling-sas/
BBC News, 3.2.09: SAS reducing its workforce by 40% http://news.bbc.co.uk/1/hi/business/7866754.stm
The Local.se, 3.2.09: SAS losses prompt reorganization http://www.thelocal.se/17322/20090203/
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