SAS WKN: A1C0DX ISIN: SE0003366871 Kürzel: SASNO Forum: Aktien Thema: Hauptdiskussion

The European Commission has today declared the Kingdom of Denmark's and theKingdom of Sweden's participation in SAS' restructuring process compatiblewithapplicable EU State aid rules. The approval marks another important stepforwardfor SAS in its transformation plan and in the on-going restructuringproceedings.

SAS SAS said Friday the European Commission cleared its restructuring plan and confirmed that the participation of Denmark and Sweden complies with EU state aid regulations. The airline company's business reorganization in Sweden is part of its chapter 11 bankruptcy proceedings in the US.

Scandinavian airline SAS received European Union approval for state aid of up to 15 billion Swedish kronor ($1.41 billion) from Denmark and Sweden as part of the company's financial-restructuring plans. The European Commission--the bloc's executive arm and the enforcer of antitrust policy--on Friday cleared the aid package, saying it would enable the company to restore its long-term viability while minimizing competition issues. The carrier filed for Chapter 11 bankruptcy in 2022 as it worked to push through a comprehensive financial restructuring.

SAS Gets EU Approval for $1.4 Bln State Aid Package

Financial Information, SAS Group million SEK (million USD)1) November 1, 2023 – May 31, 2024 Revenue 23,111 (2,182) Net income for the period -3,980 (-376) As of May 31, 2024 Total assets 58,287 (5,504) Total liabilities 69,489 (6,562) Cash and cash equivalents 8,628 (815)

https://www.sasgroup.net/newsroom/press-releases/2024/sas-files-monthly-operating-reports-with-u-s-court-and-announces-certain-financial-information-for-the-group-2024-06-26/

SAS-Stakeholder stimmen im Juli über Umstrukturierungsverfahren ab Bereits seit zwei Jahren befindet sich SAS Scandinavian Airlines im Umstrukturierungsverfahren. Finanzielle Nöte sind vorerst gelöst worden – auch mit dem kommenden Wechsel zu Air France-KLM und damit zum Skyteam. Im Juli will die skandinavische Fluggesellschaft dafür einen großen Schritt gehen.

https://www.airliners.de/sas-stakeholder-stimmen-juli-ueber-umstrukturierungsverfahren/74950

The Reorganization Plan includes, inter alia, a description of the Company's debt settlement proposal and proposed resolutions on the Company's (i) issuance of new unlisted shares to the new investors (Castlelake, L.P., on behalf of certain funds or affiliates, Air France-KLM S.A., and Lind Invest ApS, together with the Danish state), as well as certain general unsecured creditors that will receive new shares as a recovery on account of their claims, (ii) redemption and cancellation of all of the Company's existing common shares, without consideration to the shareholders, (iii) bonus issue without the issuance of shares, and (iv) required changes to the Company's articles of association.

https://newsweb.oslobors.no/message/621121

SAS TRAFFIC FIGURES - MAY 2024 2.3 MILLION PASSENGERS TRAVELED WITH SAS IN MAY, AN 8 PERCENT INCREASE COMPARED WITH SAME MONTH LAST YEAR MAY ASK 7.6% Y/Y MAY RPK 10.5% Y/Y MAY YIELD SEK 1.02, -5.5%% Y/Y MAY LOAD FACTOR AT 79.2% WE HAD STRONG OPERATIONAL PERFORMANCE IN MAY AND REGULARITY REACHED 99.6 PERCENT

The flown load factor for May was 79 percent. https://newsweb.oslobors.no/message/621062

gibt aber weiterhin gute news...

Damn… hatte ich so nicht mehr aufm Schirm … also beim nächsten Anstieg mit maximal wenig Verlust raus .. Schade

Ja leider...ich bin beim letzten Anstieg mit -80% raus. Ist halt immer blöd wenn so ein Schritt mit der Reorganisation und Chapter 11 direkt verbunden ist. Dann gibt's eigentlich kein zurück mehr. Schade, weil wie du schon gesagt hast, die Zahlen sehen eigentlich nicht schlecht aus und ich denke auch, die hätten es geschafft. Hoffe für euch nochmal auf einen kurzen Anstieg und dann sollte jeder gut überlegen was er macht... Deadline für Delisting war Ende Q2