Scandinavian Airline System

SAS announces recapitalization plan; to raise $1.5 billion

Despite its earlier attempts to bolster liquidity and cut costs, SAS management realized that those measures alone were not enough to save the company. Now, a recapitalization plan aims to bring additional liquidity to the company....


Norwegian Air Shuttles offered $276 million aid package

Norwegian Air Shuttle, including SAS and Widerøe, have received offers from the Norwegian government to receive state aid packages in the form of a state loan guarantee to improve the financial situation of the airlines and to ensure connectivity from and in Norway....


World’s best: Top 20 safest airlines for 2018

AirlineRatings.com the world’s only safety and product rating website has announced its Top 20 safest airlines for 2018 from the 409 it monitors....