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SAS restructuring plan approved by EU state aid regulator

( June 28, 2024, 15:04 GMT | Official Statement) -- MLex Summary: The airline SAS can receive 1.3 billion euros of restructuring aid from Denmark and Sweden, after setting out plans to streamline its fleet, optimize its network and reduce costs. Shareholders and certain creditors have seen the value of the investments written off. SAS is currently going through insolvency proceedings in the US and Sweden. The statement follows. ...

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