SAS Group
SAS AB , trading as SAS Group, is an airline holding company headquartered in the SAS Frösundavik Office Building in Solna Municipality, Sweden. It is the owner of the airlines Scandinavian Airlines and Scandinavian Airlines Ireland. SAS once owned 19.9% of the now defunct Spanish airline Spanair as well as shares in Estonian Air and Skyways Express. SAS Group is partially owned by the governments of Sweden and Denmark with a 14.82% and 14.24% holding, respectively. The remaining 70.92% is held by private shareholders, of which Foundation Asset Management owns 6.50%. The company is listed on the Oslo Stock Exchange, the Stockholm Stock Exchange, and the Copenhagen Stock Exchange.
The conglomerate was founded in 1951 as a merger between the three Scandinavian flag carriers Aerotransport, Det Danske Luftfartselskab, and Det Norske Luftfartselskap, after the three had been cooperating on international routes since 1946. Until 2001, the three national companies owned a fixed share of the SAS Group, after which the shares of the three companies were merged. The SAS Group previously owned the Rezidor Hotel Group and Braathens and had a minority interest in bmi, airBaltic, Texas Air, Thai Airways International, and LAN Airlines. SAS was a founder of the Amadeus Computerised Reservation System and the Star Alliance, where several of the group's airlines are members. SAS runs the frequent flyer program EuroBonus.
History
The airline was founded on 1 August 1946 when Det Danske Luftfartselskab A/S, AB Aerotransport, and Det Norske Luftfartselskap AS formed a partnership to handle intercontinental traffic to Scandinavia. Operations started on 17 September 1946. The companies then started coordination of European operations in 1948 and finally merged to form the current SAS Consortium in 1951. When established the airline was divided between SAS Danmark, SAS Norge, and SAS Sweden, all owned 50% by private investors and 50% by their respective governments. SAS gradually acquired control of the domestic markets in all three countries by acquiring full or partial control of several local airlines. In May 1997 SAS formed the global Star Alliance network with Air Canada, Lufthansa, Thai Airways International, and United Airlines.;SAS Group Milestones
- 1918 Det Danske Luftfartselskab A/S, SAS' Danish parent company, is founded
- 1920 DDL is listed on the Copenhagen Stock Exchange
- 1924 AB Aerotransport, SAS' Swedish parent company, is founded
- 1927 Det Norske Luftfartselskap A/S, SAS' Norwegian parent company, is founded
- 1946 SAS is formed from Det Danske Luftfartselskab A/S, Det Norske Luftfartselskap A/S, and Svensk Interkontinental Lufttrafik AB. The first intercontinental flight is from Stockholm to New York.
- 1951 DDL, DNL, and ABA form the present SAS Consortium.
- 1954 SAS is the world's first airline to fly the Copenhagen - Los Angeles polar route in regular scheduled service.
- 1955 SILA is quoted on the "Stockbrokers' List" in Sweden.
- 1957 SAS is the first airline to offer "round the world service over the North Pole" from Copenhagen to Tokyo via Anchorage.
- 1959 SAS enters the jet age. The first jet aircraft, the Caravelle, is introduced in service.
- 1960 SAS opens its first hotel, the SAS Royal Hotel Copenhagen. SAS helps set up Thai Airways International, taking a 30% share in the joint venture.
- 1965 SAS is the first airline to introduce an electronic reservation system.
- 1967 DNL is listed on the Oslo Stock Exchange.
- 1971 SAS puts its first Boeing 747 jumbo jet into service.
- 1977 SAS sells its remaining stakes in Thai Airways.
- 1980 SAS opens its first hotel outside of Scandinavia, the SAS Kuwait Hotel. SILA is listed on the Stockholm Stock Exchange.
- 1981 SAS EuroClass is introduced on all European routes.
- 1982 SAS is named the most punctual airline in Europe for the first time.
- 1984 SAS receives the Air Transport World's distinction "Airline of the Year" for 1983.
- 1986 Spanair is founded.
- 1987 SAS cofounds the Amadeus Computerised Reservation System.
- 1989 SAS International Hotels owns 40% of Intercontinental Hotels Group. This stake is sold in 1992.
- 1994 SAS begins to refocus on airline operations in the SAS Group - selling a number of subsidiaries, along with the franchise of Diners Club Nordic.
- 1996 SAS celebrates its 50th anniversary on August 1. SAS parent company changes its name to SAS Danmark A/S, SAS Norge ASA, and SAS Sverige AB.
- 1997 SAS is one of the founding members of Star Alliance.
- 1998 Air Botnia becomes a wholly owned subsidiary of the SAS Group.
- 1999 The SAS Group becomes a majority owner of Widerøe.
- 2001 A single SAS share is established. On July 6, SAS is listed on the stock exchanges in Stockholm, Copenhagen, and Oslo. Braathens is acquired by the SAS Group in December.
- 2002 Rezidor SAS Hospitality signs a master franchise agreement with Carlson Hotels Worldwide; the agreement comes to an end in 2009.
- 2003 SAS acquires 49% of the shares in Estonian Air.
- 2004 Scandinavian Airlines Sverige, SAS Braathens, and Scandinavian Airlines Danmark are incorporated.
- 2006 SAS sells its remaining shares in the Rezidor Hotel Group chain.
- 2007 CEO and President Mats Jansson is inaugurated; SAS sells the SAS Flight Academy.
- 2010 CEO Jansson departs his position and is replaced by John S. Dueholm on an interim basis.
- 2011 Rickard Gustafson becomes the new permanent CEO.
- 2012 In January Spanair collapses and lead to write-downs of 1.7bn kronor by SAS.
- 2013 SAS sells 80% of the shares in Widerøe.
- 2014 SAS sells the cleaning part of SAS Ground Handling to Sodexo.
- 2015 SAS sells SAS Ground Handling in 14 Airports in Norway to Widerøe Ground Handling. SAS sells Blue1 to CityJet. In November Estonian Air collapses and SAS loses 2.5% of the shares.
- 2016 SAS sells its remaining 20% stake in Widerøe.
- 2020 SAS halts most of its traffic during from the 16th of March due to the COVID-19 pandemic.
Operations
;Core SAS Holdings
- Scandinavian Airlines
- Scandinavian Airlines Ireland
- SAS Cargo Group
- SAS Ground Handling
- SAS Technical Services
- Air Greenland
Head office
The SAS Group head office was previously located on the grounds of the Stockholm Arlanda Airport in Sigtuna Municipality, Sweden.
Before spring 2011, it was located in the SAS Frösundavik Office Building.
Partners and alliances
- Air Greenland has an interline agreement with SAS
- Scandinavian Airlines is member of the Star Alliance.
- SAS Cargo Group is a member of the WOW Alliance
List of major shareholders
Presidents
- 1946–1948: Per Norlin
- 1949–1951: Per Møystad Backe
- 1951–1954: Per Norlin
- 1955–1957: Henning Throne-Holst
- 1958–1961: Åke Rusck
- 1961–1962: Curt Nicolin
- 1962–1969: Karl Nilsson
- 1969–1978: Knut Hagrup
- 1978–1981: Carl-Olov Munkberg
- 1981–1993: Jan Carlzon
- 1993–1994: Jan Reinås
- 1994–2001: Jan Stenberg
- 2001–2006: Jørgen Lindegaard
- 2007–2010: Mats Jansson
- 2010–2011: John S Dueholm
- 2011–20xx: Rickard Gustafson
Financial performance
- Prior to 2001, the SAS Group traffic figures did not include airBaltic, Blue1, and Spanair.
Fleet
Type | SAS | Widerøe | Total | Notes |
Airbus A319-100 | 4 | 4 | OY-KBO in retro c/s | |
Airbus A320-200 | 11 | 11 | ||
Airbus A320neo | 30 | 27 | ||
Airbus A321-200 | 8 | 8 | ||
ATR 72-600 | 6 | 9 | ||
Airbus A330-300 | 9 | 9 | ||
Airbus A340-300 | 6 | 6 | ||
Boeing 737-700 | 22 | 22 | ||
Boeing 737-800 | 27 | 27 | ||
Bombardier CRJ900 | 24 | 24 | ||
Bombardier CRJ1000 | 1 | 1 | ||
De Havilland Dash-8-100 | 22 | 22 | ||
De Havilland Dash-8-300 | 6 | 6 | ||
De Havilland Dash-8 Q200 | 3 | 3 | ||
De Havilland Dash-8 Q400 | 10 | 10 | ||
Embraer E190-E2 | 3 | 3 | ||
Total | 148 | 44 | 192 |
On January 4, 2010 the SAS Group announced the sales of 18 surplus MD-80 series aircraft to Allegiant Travel Company. The aircraft, built from 1985 to 1991, were delivered during the first half of 2010.
On August 26, 2010 the SAS Group announced a 5-year lease agreement of 8 MD-90 series aircraft to an undisclosed US airline. The aircraft will be delivered between Q3-2010 and Q2-2011.
On April 10, 2018 the SAS Group announced a deal with Airbus for 35 new Airbus A320neos with another 15 being leased. These aircraft are meant to replace some of SAS’s current A320s, as well as their Bombardier CRJ900's.