US Court permits SAS to operate business throughout Chapter 11 process

Share

US Court permits SAS to operate business throughout Chapter 11 pr

Scandinavian carrier SAS received all necessary court approvals to continue operating its business normally throughout the Chapter 11 bankruptcy process.

The approvals were granted to SAS by the US Court for the Southern District of New York on July 7, 2022 and include confirmation that the airline can operate “in the ordinary course”, including by paying staff and vendors and suppliers for goods and services, received on or after July 5, 2022, when it voluntarily filed for bankruptcy protection in the US.

Share