Does that apply to all activities and contractual obligations of SAS or only to the ones signed with US counterparts and mutually agreed US jurisdiction?
So far all that I found by googling was SAS's own press statements, so hardly an enlighting piece of information what is really done here.
It sounds really weird to me that a Scandinavian company could get rid of their obligations in Scandinavia (or Europe) with the help of a US court. That would render any European contract law meaningless.