Trading of SAS shares has been halted [merged discussion on restructuring]
. But then I am too lazy. Will probably celebrate it by buying a ticket instead ...
Jan 1, 2013, 8:40 am
#243
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Appears that in November they were just about 10 days away from the brink:
http://gulfnews.com/business/economy...ptcy-1.1125298
Let's see how long this latest restructuring allows SAS to get on until it plays with the brink again.
In an interview with Swedish daily Dagens Nyheter on Saturday, Deputy Chairman Jacob Wallenberg says the company had cash left for only another 10 days when it announced an annual $3 billion kronor ($460) cost-cutting plan in November.
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Wallenberg says that “if we hadn’t got the agreements into place, SAS would have gone bankrupt and 15,000 employees would have lost their jobs.”
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Wallenberg says that “if we hadn’t got the agreements into place, SAS would have gone bankrupt and 15,000 employees would have lost their jobs.”
Let's see how long this latest restructuring allows SAS to get on until it plays with the brink again.
Jan 2, 2013, 6:55 am
#244
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Posts: 21,159
Appears that in November they were just about 10 days away from the brink:
http://gulfnews.com/business/economy...ptcy-1.1125298
Let's see how long this latest restructuring allows SAS to get on until it plays with the brink again.
http://gulfnews.com/business/economy...ptcy-1.1125298
Let's see how long this latest restructuring allows SAS to get on until it plays with the brink again.
May 3, 2013, 7:10 am
#245
Join Date: Jan 2013
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Posts: 575