• 11/25/2024

SAS Losses Widen on Higher Costs

Wall Street Journal

SAS reported a much bigger-than-expected loss in the fourth quarter on a weak Swedish krona and high jet-fuel prices, but reported revenues just above views and said it expected to get approval in its Chapter 11 process in early 2024.

https://www.wsj.com/articles/sas-misses-market-views-on-higher-costs-expects-chapter-11-plan-approval-early-2024-2129a90e