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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
Stockholm, Sweden, 06/08/2022 11:12
AVIONEWS - World Aeronautical Press Agency

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US court approves company rescue procedure

The cut in handling services at airports, the protest of its pilots, the concern of shareholders. More than a year after the announcement of the imminent bankruptcy, in the absence of a serious recapitalization... more

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