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SAS confident for winter over funding, travel rebounds

Bloomberg SAS AB Chief Executive Officer Anko van der Werff said he’s confident the Scandinavian airline will emerge successfully from a Chapter 11 restructuring after winning clearance for a $700 million financing package and seeing a rebound in its own performance. Approval for the Apollo Global Management funding from a US bankruptcy judge is “the biggest and most important news” ...

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BA halts 100 flights to damp noise at Royal state funeral

  Bloomberg British Airways will scrap 100 flights from its London Heathrow base on Monday and re-time others as the airport, airlines and air traffic controllers work to minimise noise during Queen Elizabeth II’s state funeral. About 15% of Heathrow’s schedule will be altered, according to the hub, with flights halted for various durations through the day. There will be ...

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Amsterdam Airport’s CEO to step down

  Bloomberg Schiphol Airport’s Dick Benschop is stepping down as chief executive of the Dutch hub as the airport continues to struggle with long lines and flight cancellations caused by a staffing shortage. Benschop informed Royal Schiphol Group NV’s supervisory board on Wednesday that he is resigning from his role as president-director and chief executive. Benschop will stay on in ...

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