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Aircraft and airlines. SAS: now there are all the conditions for the credit facility

Stockholm, Sweden - Approval from the Denmark, Sweden and Norway parliaments

On 19 November SAS announced that the Board had decided that the conditions for the implementation of "4Excellence NG" exist as the condition to have all eight union agreements signed had been reached. The new revolving credit facility of SEK 3.5 billion was therefore only subject to parliamentary approval where required. These approvals have now been obtained in all three Scandinavian countries. All...

AVIONEWS - World Aeronautical Press Agency - 1148447

AVIONEWS - World Aeronautical Press Agency
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