Editing Scandinavian Airlines (section)

=== 2022-2024: Sweden's exit, Air France-KLM entry and alliance shift ===
Following little progress with SAS's restructuring plan, SAS Forward, the Swedish government announced on 7 June 2022 that Sweden, which owns 21.8% of the company, would not inject new capital into SAS and that it did "not aim to be a long-term shareholder in the company".<ref>{{cite news | last=Terje Solsvik | first=Stine Jacobsen | title=Airline SAS will get no more cash from Swedish government | publisher=[[Reuters]] | date=7 June 2022 | url=https://www.reuters.com/business/aerospace-defense/airline-sas-will-get-no-more-cash-swedish-government-2022-06-07/ | access-date=7 June 2022}}</ref><ref>{{cite web | last=Ildor | first=Astrid | title=Svensk SAS-melding efterlader Danmark med stort problem | publisher=[[DR (broadcaster)|DR]] | date=2022-06-07 | url=https://www.dr.dk/nyheder/penge/svensk-sas-melding-efterlader-danmark-med-stort-problem | language=da | access-date=2022-06-07}}</ref> The airline filed for [[Chapter 11, Title 11, United States Code|Chapter 11 bankruptcy]] protection in the United States on 5 July 2022.<ref>{{cite news |url=https://www.nrk.no/nyheter/sas-soker-konkursbeskyttelse-i-usa-1.16027540|title=SAS søker konkursbeskyttelse i USA|access-date=5 July 2022|date=5 July 2022|publisher=NRK|language=nb-NO}}</ref>

In September 2022, SAS announced it was returning at least ten aircraft to lessors, including five long-haul aircraft - amongst them two barely two year old Airbus A350s. This measure is a result of the closure of Russian airspace for flights to Asia which caused a severe drop in demand and efficiency.<ref name="fleetreturn">[https://www.flightglobal.com/airlines/sas-seeks-to-shed-a350s-and-a330s-as-part-of-fleet-restructuring-plan/150073.article flightglobal.com - SAS seeks to shed A350s and A330s as part of fleet-restructuring plan] 6 September 2022.</ref> As of November 2022, SAS announced it was searching for a buyer for one of their [[Airbus A350]] aircraft.<ref name="auto">[https://www.aero.de/news-43883/Wer-schnappt-sich-eine-taufrische-A350-von-SAS.html aero.de - "Who's gonna buy a nearly new A350 from SAS?"] {{in lang |de}} 9 November 2022.</ref>

In October 2023, it was announced that the [[Air France–KLM|Air France–KLM Group]] would be investing alongside the Danish government and two investment firms in SAS, with the airline group buying up to 20% of SAS shares following the airline's ongoing Chapter 11 process in the United States. With the investment (if approved by the EU Commission, and respective US and Swedish courts),<ref>{{Cite web |last=Schlappig |first=Ben |date=2023-10-03 |title=Scandinavian Airlines Joining SkyTeam, Getting Air France-KLM Investment |url=https://onemileatatime.com/news/scandinavian-airlines-skyteam-air-france-klm-investment/ |access-date=2023-10-04 |website=One Mile at a Time}}</ref> SAS will leave Star Alliance and join [[SkyTeam]] alongside Air France–KLM.<ref name="AFKLM">{{cite news |url=https://www.reuters.com/markets/deals/airline-sas-says-air-france-klm-investment-firms-become-top-shareholder-2023-10-03/|title=Scandinavian airline SAS says Castlelake, Air France-KLM to become new shareholders|access-date=3 October 2023|date=3 October 2023|publisher=reuters}}</ref>

On 19 March 2024, US Bankruptcy Court approved the new restructuring plan and investment, allowing SAS to exit Chapter 11 by mid-2024.<ref>{{Cite web |title=US bankruptcy court greenlights SAS Chapter 11 exit plan |url=https://www.ch-aviation.com/news/138377-us-bankruptcy-court-greenlights-sas-chapter-11-exit-plan |access-date=2024-05-07 |website=ch-aviation}}</ref><ref>{{Cite web |title=SAS receives court approval of chapter 11 plan - SAS |url=https://www.sasgroup.net/newsroom/press-releases/2024/sas-receives-court-approval-of-chapter-11-plan/ |access-date=2024-05-07 |website=www.sasgroup.net}}</ref> It also applied for company reorganization in Sweden on 27 March.<ref>{{Cite web |title=SAS AB applies for company reorganization in Sweden – operations continue as normal - SAS |url=https://www.sasgroup.net/newsroom/press-releases/2024/sas-ab-applies-for-company-reorganization-in-sweden-operations-continue-as-normal/ |access-date=2024-05-07 |website=www.sasgroup.net}}</ref> announced it would leave [[Star Alliance]] by 31 August 2024, becoming a SkyTeam member the next day, as confirmed on 29 April.<ref name="allianceexit">[https://www.aerointernational.de/aktuelles/sas-verlaesst-die-star-alliance-was-hat-das-fuer-konsequenzen.html aerointernational.de - "SAS leaves Star Alliance"] {{in lang |de}} 9 April 2024.</ref><ref>{{Cite web |last=Orban |first=André |date=2024-04-29 |title=SAS enters SkyTeam Alliance on 1st September, enhancing global connectivity and benefits for customers |url=https://www.aviation24.be/airlines/scandinavian-airlines-system-sas/sas-enters-skyteam-alliance-on-1st-september-enhancing-global-connectivity-and-benefits-for-customers/ |access-date=2024-05-07 |website=Aviation24.be}}</ref><ref>{{Cite web |title=SAS TO JOIN SKY TEAM ALLIANCE - SAS |url=https://www.sasgroup.net/newsroom/press-releases/2024/sas-to-join-sky-team-alliance/ |access-date=2024-05-07 |website=www.sasgroup.net}}</ref> On 12 June, Stockholm District Court announced that it will held a hearing for the company reorganization on 12 July,<ref>{{Cite web |title=Date for plan hearing in SAS AB's company reorganization announced - SAS |url=https://www.sasgroup.net/newsroom/press-releases/2024/date-for-plan-hearing-in-sas-abs-company-reorganization-announced/ |access-date=2024-07-03 |website=www.sasgroup.net}}</ref> eventually approving it on 19 July.<ref>{{Cite web |title=SAS AB's plan of reorganization in Sweden approved – applies for a conditional delisting of all common shares and commercial hybrid bonds - SAS |url=https://www.sasgroup.net/newsroom/press-releases/2024/sas-abs-plan-of-reorganization-in-sweden-approved-applies-for-a-conditional-delisting-of-all-common-shares-and-commercial-hybrid-bonds/ |access-date=2024-07-23 |website=www.sasgroup.net}}</ref> On 28 June, European Commission announced that it approved the restructuring plan.<ref>{{Cite web |title=SAS' restructuring plan approved by European Commission - SAS |url=https://www.sasgroup.net/newsroom/press-releases/2024/sas-restructuring-plan-approved-by-european-commission/ |access-date=2024-07-03 |website=www.sasgroup.net}}</ref><ref>{{Cite web |date=2024-07-02 |title=SAS receives European Commission approval for restructure |url=https://www.businesstravelnewseurope.com/Air-Travel/SAS-receives-European-Commission-approval-for-restructure |access-date=2024-07-03 |website=www.businesstravelnewseurope.com}}</ref>

In September 2024, Scandinavian Airlines announced it would terminate its wet-leasing contract with [[Nordica (airline)|Xfly]] by November 2024.<ref name=sascancellation>[https://xfly.ee/press/xflys-official-comment-regarding-the-cancellation-on-behalf-of-sas-for-flights-on-swedish-domestic-routes/ xfly.ee - XFly's official comment on the cancellation of flights on Swedish domestic routes on behalf of SAS] 27 September 2024.</ref> On 17 September 2024, SAS announced a partnership with [[Braathens Regional Airlines]] (BRA), designating them as a subcontractor to operate flights from [[Stockholm Arlanda Airport]] starting in 2025, with BRA announcing it would cease operating its own domestic flight network from [[Stockholm Bromma Airport]].<ref>{{Cite news |last=Nyheter |first=S. V. T. |date=2024-09-17 |title=BRA lämnar Bromma för Arlanda – ska flyga för SAS |url=https://www.svt.se/nyheter/lokalt/stockholm/bra-borjar-flyga-at-sas |access-date=2024-09-17 |work=SVT Nyheter |language=sv}}</ref> This collaboration, valued at approximately SEK 6 billion over seven years, aims to strengthen SAS's domestic network in Sweden, increasing daily departures to destinations such as [[Visby Airport|Visby]], [[Göteborg Landvetter Airport|Gothenburg]], [[Malmö Airport|Malmö]], and [[Luleå Airport|Luleå]].<ref>{{Cite web |last=HägerstrandText |first=Anders |date=2024-09-17 |title=BRA blir underleverantör till SAS – ska flyga från Arlanda |url=https://www.di.se/nyheter/bra-blir-underleverantor-till-sas-ska-flyga-fran-arlanda/ |access-date=2024-09-17 |website=Dagens industri |language=sv}}</ref>

On 18 September 2024, just a month after the completion of the restructuring, SAS announced expansion of the route network from Copenhagen Airport with 15 new destinations from Summer 2025. Following the new ownership structure, the airline will focus on positioning the airport as the airline's main hub for international travel.<ref>{{Cite web |date=2024-09-18 |title=SAS is building a global hub in Scandinavia |url=https://www.sasgroup.net/newsroom/press-releases/2024/sas-is-building-a-global-hub-in-scandinavia/ |website=SAS Group}}</ref>