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  • SAS secures USD 700 million in debtor-in-possession financing credit 14. 8. 2022
    SAS AB announces that it has entered into a debtor-in-possession (“DIP”) financing credit agreement for USD 700 million (the equivalent of approximately SEK 7.0 billion) with funds managed by Apollo Global Management. DIP financing is a specialised type of bridge financing used by businesses that are restructuring through a chapter 11 process. The DIP financing, […]
  • Spirit Airlines suspends gate agent after altercation with passenger at Dallas Fort Worth 14. 8. 2022
    A video of a violent altercation between a gate agent and a passenger that went viral has forced Spirit Airlines to take actions. The incident already happened on 7 July at the airport of Dallas Fort Worth (DFW), United States. An airport police report identifies the agent as Timothy Sullivan of Grapevine and the woman as Ayriana Davis […]
  • LOT Polish Airlines flight to Toronto diverts to Reykjavik before returning to Warsaw due to unruly passenger 14. 8. 2022
    On 12 August, LOT Polish Airlines flight LO41 from Warsaw, Poland, to Toronto, Canada, operated by a Boeing 787-9 (registered SP-LSG) was flying over Greenland but was forced to head back to Reykjavik, Iceland, due to an unruly passenger.  A few hours into the flight, the altercation began after a flight attendant refused to serve […]
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