SAS AB (SASDQ) has released an update.
SAS AB, the leading Scandinavian airline, announced the Stockholm District Court’s approval of its restructuring plan amidst a corporate restructuring in Sweden. While the Record Date for the distribution of commercial hybrid bonds has been postponed and will be set anew, this change does not impact the overall restructuring timeline. SAS continues to focus on sustainable aviation and aims for net-zero carbon emissions by 2050, offering a range of services including ground, maintenance, and freight.
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