SAS files for US bankruptcy protection
Scandinavian airline SAS has filed for bankruptcy in the United States
It says the strike action by pilots has left it in a precarious financial position.
Pay talks between the airline and its pilots broke down, triggering industrial action.
The airline said it will continue operating during the bankruptcy process, but the pilot strike will affect its flight schedules.
The filing will allow the airline to concentrate on the business restructuring plan it announced earlier this year.
“To proceed with the implementation of key elements of the plan, SAS and certain of its subsidiaries have voluntarily filed for chapter 11 in the US,” it said.
“This is a legal process for financial restructuring conducted under US federal court supervision.”
The airline says it has enough liquidity to operate in the short term.
Still, the strike ‘has a negative impact on the liquidity and financial position of the company and, if prolonged, such impact could become material’
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.

































Global tourism exceeds 1.5 billion travelers announces UN-Tourism
Qatar Airways offers reduced timetable to over 60 destinations
WTTC global tourism reached record economic impact of 11 trillion in 2025
Marginal increase for New York City tourism in 2025
Hands In, UATP join forces for airline multi-card payments