Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The Scandinavian air passenger company Scandinavian Airlines (commonly known as SAS) will hire 200 cabin crew that lost their jobs after the bankruptcy of Flyr on January 31st (Flyr 2023 - NO). The process of acquiring more employees has been ongoing for a while in SAS, in connection with the company working to increase capacity after the pandemic. The company will primarily hire cabin crew, but pilots will also be considered.
SAS is a Scandinavian flagship company established in 1946. SAS has been in economic difficulties after the pandemic, but has launched a rescue plans and is now preparing for the summer season.
Eurofound (2023), SAS, Business expansion in Norway, factsheet number 108346, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108346.