SAS Group

Infobox_Company
company_
company_name = SAS AB
industry = Airline
company_type = Public company
(ose|SAS)
(OMX|SSE13557|SAS0OMXb|CSE13584|SAS DKK)
foundation = 1946, "merger of ABA (1924), DDL (1918) and DNL (1927)"
location = Stockholm, Sweden
industry = Transport
area_served = Europe, China, Japan, Thailand, UAE & USA
products = Air transportation and cargo
key_people = Mats Jansson (CEO)
Fritz H. Schur (Chairman)
market c
SEK ("2007")
revenue = profit 52.251 Billion SEK ("2007")
operating_income = profit 1.305 Billion SEK ("2007")
net_income = profit 636 million SEK ("2007")
assets = decrease 48.770 Billion SEK ("2007")
equity = increase 16.687 Billion SEK ("2007")
num_employees = 21,898 ("2008")
homepage = [http://www.sasgroup.net/ SAS Group]
international = yes

SAS Group, formerly Scandinavian Airlines System, is a company based in Stockholm, Sweden. The company is owned by SAS Danmark A/S, SAS Norge AS and SAS Sverige AB, who in turn are fully owned by holding company SAS Aktiebolag, or SAS AB for short.

SAS AB (ose|SAS, OMX|SSE13557|SAS, OMXb|CSE13584|SAS DKK) is owned for 50% by the Scandinavian governments (Sweden (21.4%), Norway through the Norwegian Ministry of Trade and Industry (14.3%) and through the Ministry of Finance of Denmark (14.3%) and the remaining 50% of the shares are publicly held and traded on the stock markets at Stockholm Stock Exchange, Copenhagen Stock Exchange and Oslo Stock Exchange. The only major private owner is Knut and Alice Wallenberg Foundation (7.4%).

The SAS Group owns several airlines in Europe.

AS Group

SAS Group is the main operational company in the SAS consortium.

The group owns the following companies:
* Scandinavian Airlines Businesses
** Scandinavian Airlines International (100%)
** Scandinavian Airlines Danmark (100%)
** Scandinavian Airlines Sverige (100%)
** Scandinavian Airlines Norge (100%)
** SAS Business Opportunities (100%)

* Subsidiary airlines flying under their own brand
** Widerøe (100%)
** Blue1 (100%)
** Spanair (100%)
*** Aerolineas de Baleares (49% Spanair, 51% SAS Group)

*Airline Support Businesses
** SAS Cargo Group(100%)
** SAS Technical Services (100%)
** SAS Ground Services (100%)

*Affiliated Companies
** Air Greenland (37.5%)
** bmi (20%)
** Estonian Air (49%)
** Skyways Express (25%)
** airBaltic (47.2%)

SAS announced on June 13, 2007 that it will sell its shares in Spanair, Air Greenland and bmi. The group will also evaluate which parts of Airline Support Businesses it will continue to run, the evaluation will be done during the autumn 2007. [cite web |url=http://se.yhp.waymaker.net/sasgroup/release.asp?id=149514 |title=New direction will ensure SASs future |author=SAS Group |date=2007-06-13]

Partners and alliances

* Scandinavian Airlines, bmi, Blue1 and Spanair are members of the Star Alliance.
* SAS Cargo Group is a member of the WOW Alliance
* Widerøe, Skyways Express, airBaltic, Blue1 and Estonian Air are well connected with SAS

List of major shareholders

SAS Museum

The exhibits at the SAS Museum at Oslo Airport, Gardermoen represent an important part of Scandinavian civil aviation history. The museum collections cover Scandinavian Airlines System (SAS) as well as its parent companies: AB Aerotransport (ABA), Det Danske Luftfartselskab (DDL) and Det Norske Luftfartselskap (DNL). A museum was originally established in 1989 in the hangar area at Oslo Airport, Fornebu at the same time as the formation of the DNL/SAS Historic Society. It was built up through the efforts of a group of enthusiasts among retired and active SAS employees. The establishment of the new museum in 2003/2004 is a result of SAS feeling a responsibility to document the history of Scandinavian civil aviation. For this purpose, the airline has entered a partnership with its three national historic societies and the latter undertake the day-to-day work on a volunteer basis. SAS absorbs the rental cost of the museum building and has also provided depots for museum exhibits in Denmark and Sweden. The museum at Gardermoen is therefore more than just a continuation of the facility at Fornebu – it is a completely new and considerably expanded Scandinavian museum. It is run by a board that includes representatives of the SAS consortium and the historic societies.

Destinations

References

External links

* [http://www.sasgroup.net/ SAS Group]