Scandinavian Airlines Bailout

Source: International Energy Agency
Last updated: 8 July 2021

On 30 June, SAS presented a plan for the recapitalisation of the company and a plan to accelerate its climate action, including the halving of emissions by 2030. The Government has the Riksdag’s mandate to participate in the recapitalisation on behalf of the Swedish State during 2020 to an amount not exceeding SEK 5 billion. The Government supports the plan that has now been put forward and the measures necessary for its realisation.     

Conditions for financial support include a decrease in CO2 emissions by 25% by 2025, 50% by 2030.

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