SAS announced the successful completion of its restructuring proceedings as it emerged from chapter 11 in the US and from its Swedish company reorganization. This marks the start of a new era for SAS, as it concluded in the investment of USD 1.2 billion. The company emerges as a competitive and financially robust airline with an attractive new customer offering together with the global airline alliance SkyTeam. The new principal owners of the reorganized company are Castlelake, Air France-KLM, Lind Invest and the Danish State.
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