STOCKHOLM—Scandinavian airline SAS has filed for bankruptcy protection in the United States to help accelerate restructuring plans, it said on Tuesday, warning strike action by pilots had impacted its financial position and liquidity.
Wage talks between SAS and its pilots collapsed on Monday, triggering a strike that adds to travel chaos across Europe as the peak summer vacation period begins.
That accelerated the airline’s decision to file for Chapter 11 bankruptcy protection in the United States, the airline’s Chief Executive Anko van der Werff said.
“We are confident that this process will enable us to become a stronger and even better airline for our customers, and a much healthier business partner in the years to come,” he told a news conference….