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Scandinavian Airline SAS Files for Bankruptcy Protection Amid Pilot Strike

Scandinavian airline SAS AB has filed for chapter safety within the U.S., saying a transfer by about 1,000 of its pilots to go on strike would worsen its already fraught funds—changing into one of many first casualties throughout a chaotic restoration in air journey.

The firm mentioned Tuesday that it might proceed to function in the course of the voluntary restructuring course of, however that the employees walkout would lead it to cancel round 50% of its flights each day. SAS mentioned it expects the Chapter 11 courtroom course of to final between 9 and 12 months.

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