SAS Makes More Progress Renegotiating Leases Under Chapter 11

SAS
Credit: Johan Nilsson/TT News Agency/AFP/Getty Images
SAS Scandinavian Airlines said it has now renegotiated the leases on 43 aircraft in its fleet as it works to cut costs under its SAS FORWARD restructuring plan. The Star Alliance member announced Nov. 1 that it had reached agreements with two additional lessors, Carlyle and SMBC, on contracts for a...
Kurt Hofmann

Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting…

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