SAS files for Chapter 11
SAS Management have advised the following with regard to their plans for financial restructure in order to remain a strong competitor in the global aviation industry and to continue to become an even better airline for travelers to fly with.
We wanted to reach out to you directly to let you know about the actions we are taking to make SAS a stronger competitor in the global aviation industry:
• SAS and certain of its subsidiaries have voluntarily filed for chapter 11, a legal process for financial restructuring in the U.S. that will enable us to implement key elements of our SAS FORWARD transformation plan.
• This process is expected to have no impact on our customers or our relationship with you and our airline will continue to operate our business as usual.
• There are no changes to our flight schedule because of this process. Your current bookings remain in effect, and you will be notified as usual of any changes to our scheduled departures although the ongoing SAS Scandinavia pilots’ unions strikes will continue to impact the flight schedule.
• Members of your organization can continue to book flights online or through your Travel agent and continue flying SAS just as before we initiated this process.
• There are no changes to any of our corporate benefits. You as a corporate customer can expect to continue to benefit from our current agreement.
• We plan no changes to EuroBonus. Customers can continue to earn points as before and use points for flights with SAS and partner airlines or with other partners. They can also continue to enjoy their usual EuroBonus benefits.
Additional information about this process is available at SAS’ website.