SAS has agreed terms with Air Lease Corporation and Jackson Square Aviation over 13 aircraft as part of lease deal amendment negotiations related to the carrier’s Chapter 11 proceedings in the US. “With these agreements, SAS concludes its lessor negotiations as part of its chapter 11 process, having reached agreements with 15 lessors in total, representing 59 aircraft in the aggregate, including seven wide bodies and 52 narrow bodies. Through the amended lease agreements, SAS expects to achieve the targeted annual cost savings of at least SEK 1bn in reduced aircraft lease expenses and annual cash flow items relating to
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