CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for SAS AB is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

SAS AB
Frosundaviks Alle 1
Phone: +46 87970000p:+46 87970000 SOLNA, 169 70  Sweden Ticker: SASSAS
Filed for Bankruptcy on 7/5/2022
Case #22-10925, filed in the U.S. Bankruptcy Court for the Southern District of New York (Manhattan)
On 3/27/2024, SAS AB applied for Company Reorganization (Sw. foretagsrekonstruktion) in the Stockholm District Court in Sweden. The Application is only for SAS AB, and does include not any subsidiaries. SAS’ operations and flight schedule will remain unaffected by the Reorganization Proceeding.
Business Summary
SAS AB, also known as Scandinavian Airlines System, is a Sweden-based airline company. The Company's core business is operating passenger flights flights to, from and within Scandinavia. Additionally, The Company provides such services air Cargo, which provides postal and air freight services to, from and within Scandinavia, and SAS Ground Handling, which is handling provider at airports in Copenhagen, Oslo and Stockholm and provides passenger, cargo and ramp services for SAS and other airlines. The Group’s operations are reported as one operating segment, which is consistent with the internal reporting to the Chief Operating Decision Maker (CODM), which is defined as SAS Group Management, has strategic responsibility for allocating resources, primarily in terms of aircraft capacity to the various route sectors, and prepares decision data ahead of strategic Board decisions.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-YesYes--

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
1/31/202410/31/2023Yes-Yes--

Industries
SIC Code Description
4512 Air transportation, scheduled
4581 Airports, flying fields, and airport terminal services
4522 Air transportation, nonscheduled

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board CarstenDilling 62 4/10/2018 2/18/2014
President, Chief Executive Officer AnkoVan der Werff 48 7/15/2021 7/15/2021
Independent Vice Chairman of the Board Lars-JohanJarnheimer 64 3/1/2021 3/20/2013
17 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Gorm Asset Management Limited 2nd Floor, Block 5 Irish Life Centre Dublin 1 Ireland
Gorm Dark Blue Limited 2nd Floor, Block 5 Irish Life Centre Dublin 1 Ireland
Gorm Deep Blue Limited 2nd Floor, Block 5 Irish Life Centre Dublin 1 Ireland
25 additional Subsidiary records available in full report.

Business Names
Business Name
Airstair Holding 2 AB
GO
Gorm Asset Management Ltd
56 additional Business Names available in full report.

General Information
Number of Employees: 8,099 (As of 1/31/2024)
Outstanding Shares: 7,266,039,292 (As of 1/31/2024)
Shareholders: 218,817
Stock Exchange: STO


Copyright © 2024 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Thursday, April 25, 2024