SAS has formally filed for Chapter 11 Bankruptcy today through the U.S. court system. Even though a foreign company, as long as they have an official office within the United States, they can avail themselves of the U.S. Chapter 11 bankruptcy process. SAS has been hampered by a high cost structure and yesterday the pilots of SAS Scandinavia (as opposed to the pilots of SAS Connect, SAS Link, and the affiliate companies such as Cityjet) went on strike.

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