SAS gets $300 million support from Denmark, Sweden
Topics: SAS DENMARK SWEDEN
The carrier has grounded most of its fleet and announced temporary layoffs of 90% of its staff amid the coronavirus outbreak that has brought global aviation to a near standstill.
“This is a first step and the Danish state will as a long-term and responsible co-owner of SAS closely monitor developments and do whatever is necessary for SAS to get through the crisis and be operational after,” Denmark’s Finance Minister Nicolai Wammen said in a statement. ■