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Home > Company Index > Transportation > Airlines > Scandinavian Airlines System

Scandinavian Airlines System
 NEWS FROM THE STANDARD
Into the Wireless Blue Yonder
Jan 24 2001 12:52 PM PST

13 Airlines to Launch B-to-B Exchange
Jul 24 2000 03:08 PM PDT

Thirteen Airlines Plan Internet Market
Jul 24 2000 11:27 AM PDT

 PROFILE
Danes, Norwegians, and Swedes travel the world via Scandinavian Airlines System (SAS). In addition to serving more than 90 destinations directly, the airline participates in the global Star Alliance, a marketing pact led by Lufthansa and United. The company's Radisson SAS subsidiary operates more than 145 hotels in 38 countries. SAS is the joint national carrier for Denmark (SAS Danmark has two-sevenths ownership), Norway (SAS Norge, two-sevenths), and Sweden (SAS Sverige, three-sevenths). Each company trades individually in its home country and is 50%-owned by its respective state. The three SAS owners are abandoning their consortium structure in order to become a single, publicly traded company.

 COMPETITION
AMR Corporation (AMR)
British Airways Plc (BAB)
KLM Royal Dutch Airlines (KLM)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 5,048.70
1-Yr. Sales Growth: 3.7%
Employees: 30,939
Revenue per employee: $163,182.39

 KEY PEOPLE
• Jřrgen Lindegaard
    CEO
• Gunnar Reitan
    CFO

 CONTACT INFO
Frösundaviks Allé 1
S-195 87 Stockholm, Sweden
Phone: 46-8-797-00-00
Fax: 46-8-797-12-10
Online: Web Site

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