ANSA Lavoro - ROME, 05 JUL - The Scandinavian company Sasdeclares bankruptcy the day after the strike of its pilots and is resorting to Chapter 11, assisted bankruptcy in the US, to restructure.
The same company has announced it, according to Bloomberg reports.
Yesterday 1,000 airline pilots went on strike and today SAS had to cancel 78% of departures, equal to 236 flights.
The Chapter 11 procedure is accessible to companies that have assets and businesses in the United States and allows them to continue operations while they are undergoing restructuring.
The Group aims to cut a debt of 1.9 billion dollars.
(HANDLE).
/cloudfront-eu-central-1.images.arcpublishing.com/prisa/IGZ7GOCXZ5GUPAQ2HWGK6Z76BU.jpg)