A ONCE-struggling airline has reached a tentative $1.2billion deal to exit bankruptcy. SAS, a Scandinavian airline company, filed for Chapter 11 bankruptcy in July 2022. ReutersSAS entered a tentative agreement to end its Chapter 11 bankruptcy[/caption] The company is receiving an influx of cash from several public and private entities. Air France-KLM, a France-based airline company, is investing $145million and will take minority stake of SAS. If the deal is approved, SAS will join the SkyTeam Alliance with Air France. “This is terrific news,” SAS’s CEO, Anko Van der Werff, said to Airline Weekly. “You can take Sweden out of SAS, but you cannot take SAS out of Swed
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