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Aircraft and finance. Scandinavian governments: "SAS restructuring plan is not State aid"
Stockholm, Sweden - The approval to "4Excellence NG" must arrive by December 20, 2012
Norway, Denmark and Sweden governments do not think that their support to a new credit facility for Scandinavian Airlines (SAS), as provided by the restructuring plan of the carrier designated "4Excellence NG" can be considered a state aid, and therefore they ask the European Commission, which has not expressed any official assessment so far but was informed through informal contacts, to approve it. Oslo...
AVIONEWS - World Aeronautical Press Agency - 1147691
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency