Official: SAS is safe (and about to switch to Skyteam). But what fleet and network cuts to bring home the bacon
It took two years, but finally the rescue of Scandinavian Airlines (SAS) was completed and the carrier [...]

It took two years, but finally. the rescue of Scandinavian Airlines (SAS) has been completed and the carrier has notified the exit from creditor protection procedures.
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The Scandinavian company had resorted to it in July 2022 And in these two years she has managed to restore debts of two billion of euros thanks to cuts in staff and fleet and to theentry of new shareholders: the Air France-KLM group, which entered the capital with a 19.9% stake in exchange for 144 million euros, the private equity fund Castlelake, Lind Invest, and the Danish state.
Together, these subjects hold a total stake of 86.4%, after an investment of 1.2 billion in the company. Air France-KLM has said it is possible in the coming years to increase its capital share and has not ruled out the possibility of taking a relative majority in SAS by effectively assuming control.
As we know, the entry of AF/KL into SK meant. the Scandinavian carrier's move from Star Alliance to Skyteam, which Will become operational the day after tomorrow, September 1, 2024.
On the fleet side, a number of cutbacks have been made.: in fact, during 2023 and 2024, the following came out. 4 Airbus A320s (including a mole), 4 Airbus A321 e 2 Airbus A350-900s (Their original order was for 8 aircraft, two of which did not even make it in).
The fleet now includes. 4 A319, 51 A320, 3 A321, 8 A330-300 and 4 A350-900, to which should be added the 7 ATR72s operated by Xfly and the 16 CRJ-900s operated by Xfly and CityJet on intra-Scandinavian and regional routes.
Also the network underwent cuts, and Beijing, Delhi, and Singapore exited from the long-haul network, which, moreover, are all hubs of companies that are part of the Star Alliance and are therefore impractical with respect to the airline's impending entry into Skyteam (it is no coincidence that in China the flight to Shanghai, which is the main hub of China Eastern Airlines, itself a member of Skyteam, has been maintained)