Major airline that filed for bankruptcy given big boost as it fights for survival days ahead of crucial court case ...Middle East

AN airline that filed for bankruptcy a year ago has received major help that could save the company.  Scandinavian flag carrier, SAS Airline, received a major win on Friday, receiving a $450million loan from multiple companies and investment firms. AlamySAS Scandinavian Airlines received a $450million loan from multiple companies[/caption] HandoutSAS Scandinavian Airlines have filed for bankruptcy in 2022[/caption] The airline’s debt is currently being controlled by Apollo Global Management. With the new loan, the company will be able to settle the balance they have with Apollo. The last few years have been financially difficult for SAS. In 2022, the company filed for ba

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