Swedish industry minister Thorwaldsson declared that his government will not inject new capital into SAS Airline: in the long term, the Swedish government wants to exit the airline capital completely. The minister would propose to parliament that SAS be allowed to convert debt it owes to the government into equity capital. Denmark’s finance minister Wammen said that the Danish lawmakers are still assessing the airline’s plans: a decision is expected by mid-June. Sweden’s decision shatters SAS restructuring plans: the airline has already lost 67% of its stock value since January 2022, and the future now looks particularly grim. Read more: Reuters