SAS comment on today’s announcement from the Norwegian Government
Today’s announcement from the Norwegian Government, regarding its intention to support our transformation plan SAS FORWARD by converting its debt holding into SAS equity, is appreciated and an important step towards the success of SAS FORWARD. The Norwegian Government has also announced they will not contribute with new capital. SAS wants to express its appreciation of the support provided by the Norwegian State over the years and most recently during the pandemic. The full implementation of SAS FORWARD, including the burden sharing components, will allow SAS to become a competitive