About: http://data.cimple.eu/news-article/168e0c3e91d89d5c405c6c8a2570a7cb9c5b529731e27c36a8fc7a4a

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About: http://data.cimple.eu/news-article/168e0c3e91d89d5c405c6c8a2570a7cb9c5b529731e27c36a8fc7a4a Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	The governments of Sweden and Denmark said Tuesday they would provide more than 275 million euros in guarantees to protect airline SAS from the economic impact of the new coronavirus. Copenhagen and Stockholm are to provide state-backed credit guarantees so SAS can borrow money from commercial banks. The governments would each provide 1.5 billion Swedish kronor ($151.2 million or 137.7 million euros) in credit guarantees to the Scandinavian carrier, which like many airlines is suffering from a drop in demand following the outbreak of COVID-19. "SAS is of great importance for both the accessibility of Scandinavia and Denmark. It also extends to jobs, businesses and the economy as a whole," Danish Finance Minister Nicolas Wammen said in a statement. Sweden and Denmark are SAS' two largest shareholders. SAS said Sunday it was grounding most of its planes until conditions were appropriate once again for commercial aviation. The company said this also meant temporary work reductions for 10,000 employees, "equivalent to 90 percent of the total workforce." The Swedish government has announced another 3.5 billion kronor in credit guarantees for other airlines, including those with regular domestic flights and speciality operators, such as medical flights. jll/wai
schema:headline	Sweden, Denmark extend credits to SAS airline
schema:mentions	Scandinavia Swedish language Scandinavian Airlines Finance minister Denmark Sweden Severe acute respiratory syndrome coronavirus 2 Stockholm Arlanda Airport Copenhagen Airport Temporary work Swedish krona JLL (company)
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-03-17 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	69 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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