SAS Receives Court Approval For $700M Bridging Loan

SAS Airbus A320neo
Credit: Rob Finlayson
A New York bankruptcy court has approved Scandinavian Airlines’ (SAS) $700 million debtor-in-possession financing, which is being provided by U.S.-headquartered Apollo Global Management. SAS president and CEO Anko van der Werff said the court’s decision marks “important progress” in the airline’s...
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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