Scandinavian airline SAS kept its bid for survival aloft at the weekend by securing bridge financing through bankruptcy protection proceedings, sending its shares 5% higher on Monday. STOCKHOLM ...

SAS obtains court approval for bridge financing. 2022-09-10T07:10:00Z By David Kaminski-Morrow. Scandinavia’s SAS has obtained court approval for the $700 million bridge financing agreed with ...

Scandinavian airline SAS has entered into a $700 million bridge financing agreement with private equity firm Apollo, as it continues working through the chapter 11 bankruptcy-protection process.