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Scandinavian bailout divides shareholders
Governments of Sweden and Denmark have different views on recapitalization
The bailout of Scandinavian Airlines divides its two main shareholders, namely the governments of Sweden (21.8 percent) and Denmark (21.8 percent), which cannot find unity of views. The airline had recently announced the need to recapitalize the company by about 900 million euros, at the same time converting part of the accumulated debt into shares; a decision is expected in mid-June.Meanwhile, Stockholm...
Gic - 1244946
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency