According to Scandinavian media, Scandinavian Airlines Systems, SAS's board of directors is currently in negotiations with representatives of the eight labor unions organizing pilots and cabin crew in Norway, Sweden and Denmark. Talks are also being held with bankers in Stockholm.
It is not clear whether SAS will still
be flying tomorrow morning. A decision is expected to come later
tonight at midnight central European time. SAS may face bankruptcy if
an agreement is not made later this evening.
More than one hundred airlines has
been declared bankrupt in Europe during the last decade.
Update 2012.11.19 Time 14.00 Hours CET
Still no news about the future of SAS. The airline is operating almost as normal today.
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