SAS FOR SALE

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP April 4, 2011 18:58

SAS FOR SALE

The Norwegian Minister of Trade and Industry Trond Giske has asked for Parliament’s permission to sell Scandinavian airline SAS. He says the airline could benefit from a commercial owner.

“SAS continues to face a number of challenges which they are likely to best meet with an industrial partner as owners,” says an ownership report.

Giske says the terms of a potential transaction are to be discussed with Swedish and Danish representatives, Norway’s partners in SAS, with all three governments jointly owning 50%.

Any sale would have to include long-term investment plans and commitments to maintaining services to Norway and protect Norwegian jobs.

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP April 4, 2011 18:58
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Ffinance%2Fsas-for-sale%2F"> registered </a> users can comment.