Denmark

Portrait for @christoph
by @christoph
2020-06-15T19:30:01+00:00
Transportation • Air Transportation & Traffic, Flying
Swedish and Danish governments to rescue SAS airline
SAS plane at Gothenburg Landvetter Airport, Sweden
SAS plane at Gothenburg Landvetter Airport, Sweden Credit: Miguel Ángel Sanz

The Scandinavian airline SAS presented on June 15 a recapitalisation plan estimated in $1.3 billion. The company's two principal shareholders Sweden, with a 14.8% stake in the carrier, and Denmark, with a 14.2% share, are expected to inject capital to help the airline face the effects of the Covid-19 pandemic.

“The aim of the plan is to ensure that SAS is fully funded and that shareholders’ equity will be at levels reported before the COVID-19 pandemic when anticipated business volumes return to pre-corona levels in 2022,” SAS said in a statement.

Portrait for @ash
by @ash
2020-04-30T17:21:58+00:00
Health
Greta Thunberg donates $100,000 to UNICEF to support children affected by Covid-19
Greta Thunberg donates $100,000 to UNICEF to support children affected by Covid-19
Credit: Anderspangpang (Creative Commons Attribution ShareAlike 4.0)

Greta Thunberg, 17-year-old Swedish climate activists, donated $100,000 she previously won from a Danish foundation to UNICEF to help support children affected by the Covid-19 pandemic. Thunberg stated that "like the climate crisis, the coronavirus pandemic is a child rights crisis," and asked people to join her in her effort to "support of UNICEF's vital work to save children's lives, to protect health and continue education".

The Danish NGO Human Act is said to match Thunberg's donation.