Based in Stockholm, Scandinavian Airline System (SAS) is the national airline of three Scandinavian States; Denmark, Norway and Sweden, operating three primary hubs at Copenhagen-Kastrup Airport, Stockholm-Arlanda Airport and Oslo Gardermoen Airport. SAS’ network consists of extensive regional services within Scandinavia and Europe as well as international services to Asia and North America.
SAS and certain of its subsidiaries voluntarily filed for chapter 11 bankruptcy protection in the US on 05-Jul-2022. On 30-Nov-2022, SAS announced it is aiming to receive approval of the Chapter 11 plan from the US court in early 2024. As a result of that process, all of SAS AB's common shares and listed commercial hybrid bonds are expected to be cancelled, redeemed and delisted, with this expected to take place during 2Q2024.
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