Airlines
SAS Files for Chapter 11 Protection in U.S.
A strike among some 1,000 pilots has affected roughly half of SAS’s schedule and led to its decision to voluntarily enter bankruptcy protection.
An SAS Airbus A320 takes off from Manchester in the UK in 2016. (Photo: Flickr: Creative Commons (BY-SA) by Riik@mctr)
An SAS Airbus A320 takes off from Manchester in the UK in 2016. (Photo: Flickr: Creative Commons (BY-SA) by Riik@mctr)

Scandinavian Airlines (SAS) filed for Chapter 11 bankruptcy protection in the U.S. a day after a strike by pilots stood to drastically affect its liquidity and financial position, the airline said Tuesday.