Strike-Hit Airline SAS Files for US Bankruptcy Protection

Strike-Hit Airline SAS Files for US Bankruptcy Protection
Scandinavian Airlines (SAS) Airbus A320 planes are parked at Copenhagen airport in Kastrup, Denmark, on March 15, 2020. TT News Agency/Johan Nilsson via Reuters
Reuters
Updated:

STOCKHOLM—Scandinavian airline SAS has filed for bankruptcy protection in the United States to help accelerate restructuring plans, it said on Tuesday, warning strike action by pilots had impacted its financial position and liquidity.

Wage talks between SAS and its pilots collapsed on Monday, triggering a strike that adds to travel chaos across Europe as the peak summer vacation period begins.