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Europe Daily Bulletin No. 13449

10 July 2024
Contents Publication in full By article 20 / 28
ECONOMY - FINANCE - BUSINESS / State aid
Recapitalisation of SAS, European Commission approves modification of commitments made by Denmark and Sweden
Brussels, 09/07/2024 (Agence Europe)

On Tuesday 9 July, the European Commission announced that it had given the green light to a modification of the commitments submitted by Denmark and Sweden as part of the European Commission's decision of 29 November 2023 concerning the recapitalisation of Scandinavian Airlines System AB (SAS).

This recapitalisation, worth around €833 million (SEK 9.5 billion), was approved by the European Commission on 29 November 2023.

However, SAS, which was in difficulty, had not managed to turn...

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