The Government of Norway sold the stake held in SAS in 2018. Now you get back as a shareholder and debts are converted into shares. In Oslo, however, they emphasize that they will not stay on board permanently.

On Tuesday, the Norwegian government said it would agree to convert existing loans into a stake in SAS. It is still completely open whether the ailing carrier will be given additional financial support. Management has already been turned down by Stockholm.

The Danish government, on the other hand, is putting together another rescue package for SAS. Norway, Denmark and Sweden originally held shares in the airline. In 2018, the first-named state exited and sold all of the shares it had previously held. Now you are back on board due to the conversion of the debt into an equity stake.

SAS assesses the approval from Oslo extremely positively and stated, among other things, that the Norwegian government's decision should be an important step towards the success of the rehabilitation programme. Denmark can even imagine that the share could be increased to up to 30 percent in the course of a capital increase. The Norwegian government stated, among other things, that it will only stay on board temporarily with SAS and that it intends to sell the stake again at a later date.