From a friend of mine who is union rep for SAS, this was his own words: If this company is goes under (hopefully) the pilots are out on their own.
The company is wholly independent from SAS. and from what I have heard due to crewing problems, they have had to use SAS Scandinavia to replace many of the flights to avoid cancellations.
The company is owned by SAS, but has no direct connection to SAS itself, and the SAS Scandinavia hopes and wants it to fail, and to be honest it will be a tragedy if it does survive, as it could mean the end for proper companies like SAS, instead all companies will just be Irish importers with contract pilots, and that is the tragedy we all want to avoid.
For me it seems like creative solution of "union" busting airline, so next time SAS pilots put their management under fire, SAS can turn around and use SAIL to bust those demanding crews from SAS.