ose sas nok nasdaq stockholm sas0sas dkk industry aviation founded 1946 merger of aba 1924 ddl 1918 and dnl 1927 headquarters stockholm arlanda airport sigtuna municipality sweden area served europe key people fritz schur chairman rickard gustafson ceo services airline services revenue sek 39.650 billion 2015 1 operating income sek 1.417 billion 2015 2 net income sek 956 million 2015 3 total assets sek 30.266 billion 2015 4 total equity sek 6.339 billion 2015 5 owner government of sweden 21.4 % government of denmark 14.3 % government of norway 14.3 % number of employees 11 288 2015 website www.sasgroup.net scandinavian airlines system aktiebolag 6 ose sas nok nasdaq stockholm sas sas dkk trading as sas group and sas ab is an airline holding company based at stockholm arlanda airport arn in sigtuna municipality sweden . it is the owner of the airlines scandinavian airlines blue1 and 20 % of wider e. sas used to own 19.9 % of the now defunct spanish airline spanair . it also owns the aviation services companies sas business opportunities sas cargo group sas ground services and sas technical services . it holds minority ownership of air greenland estonian air and skyways express . sas group is partially owned by the governments of sweden denmark and norway with a 21.4 % 14.3 % and 14.3 % ownership respectively . the remaining 50 % is held by private owners of which foundation asset management at 7.6 % is the only significant one . 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 aba det danske luftfartselskab ddl and det norske luftfartselskap dnl 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 has owned the rezidor hotel group and braathens and has had minority ownership of bmi airbaltic 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 . contents 1 history 2 operations 2.1 head office 3 partners and alliances 4 list of major shareholders 4.1 presidents 5 financial performance 6 fleet 7 destinations 8 sas museum 9 references 10 external links history edit the airline was founded on 1 august 1946 when det danske luftfartselskab a s ab aerotransport and det norske luftfartselskap as the flag carriers of denmark sweden and norway 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 28.6 % sas norge 28.6 % and sas sweden 42.8 % 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 . radisson hotel in oslo no longer managed by sas as of 2009 . this picture was taken in may 2005 . sas group milestones 1918 det danske luftfartselskab a s ddl sas danish parent company is founded 1920 ddl is listed on the copenhagen stock exchange 1924 ab aerotransport aba sas swedish parent company is founded 1927 det norske luftfartselskap a s dnl sas norwegian parent company is founded 1946 sas is formed from det danske luftfartselskab a s ddl det norske luftfartselskap a s dnl and svensk interkontinental lufttrafik ab sila . 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 which owns 50 % of aba 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 also known as gds . 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 blue1 becomes a wholly owned subsidiary of the sas group . 1999 the sas group becomes a majority owner of wider e. 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 1.7 bn kronor by sas . 2013 sas sells 80 % of the shares in wider e. 2014 sas sells the cleaning part of sas ground handling to sodexo . 2015 sas sells sas ground handling in 14 airports in norway to wider e ground handling . sas sells blue1 to cityjet . in november estonian air collapses and sas loss 2.5 % of the shares . 2016 sas sells its remaining 20 % stake in wider e. operations edit sas group is the main operational company in the sas consortium . as of july 2016 the sas group company structure looks as follows core sas holdings scandinavian airlines cimber 100 % divested into sas group sas cargo group 100 % sas ground handling 100 % sas technical services 100 % sas individual holdings air greenland 37.5 % head office edit see also scandinavian airlines head office scandinavian airlines head office at arlanda airport the former scandinavian airlines head office the sas group head office is located on the grounds of the stockholm arlanda airport arn in sigtuna municipality sweden . 7 before spring 2011 citation needed it was located in fr sundavik solna municipality sweden near stockholm . 8 9 partners and alliances edit air greenland is connected with an interline agreement to sas scandinavian airlines are member of the star alliance . sas cargo group is a member of the wow alliance wider e are well connected with sas list of major shareholders edit shareholder type of shareholder nationality ownership the swedish government government sweden 21.4 % the danish government government denmark 14.3 % the norwegian government government norway 14.3 % fam foundations sweden 7.6 % state of new jersey pension fund pension fund united states 2.1 % unionen labour union sweden 1.4 % fj rde ap fonden the fourth ap fund pension fund sweden 1.1 % f rsta ap fonden the first ap fund pension fund sweden 0.9 % six sis ag financial services switzerland 0.9 % andra ap fonden the second ap fund pension fund sweden 0.8 % other shareholders 32.8 % source 10 presidents edit 1946 1948 per a. norlin 1949 1951 per m. backe 1951 1954 per a. norlin 1955 1957 henning throne holst 1958 1961 ke 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 rein s 1994 2001 jan stenberg 2001 2006 j rgen lindegaard 2007 2010 mats jansson 2010 2011 john s dueholm 2011 rickard gustafson financial performance edit year ended passengers flown 11 employees average year net profit loss sek basic eps sek 2010 12 25 200 000 14 801 2 218 000 000 7.79 2009 13 24 900 000 18 786 2 947 000 000 18.20 2008 14 29 000 000 24 635 6 360 000 000 6.29 2007 14 29 200 000 26 538 1 234 000 000 3.87 2006 38 609 000 26 554 4 936 000 000 28.10 2005 36 312 000 32 363 418 000 000 1.06 2004 32 400 000 32 481 1 813 000 000 11.38 2003 31 004 000 34 544 2 221 000 000 8.60 2002 33 254 000 35 506 736 000 000 0.81 2001 35 640 000 31 035 1 140 000 000 6.58 2000 23 240 000 30 939 2 273 000 000 11.79 1999 21 991 000 30 310 1 846 000 000 8.41 prior to 2001 the sas group traffic figures did not include airbaltic blue1 and spanair . fleet edit sas group bae 146 . the sas group fleet consists of the following aircraft as of may 2014 type sas blue1 wider e total notes airbus a319 100 4 4 oy kbo in retro c s airbus a320 200 13 13 airbus a321 200 8 8 airbus a330 300 4 4 airbus a340 300 8 8 boeing 717 200 5 5 boeing 737 600 27 27 boeing 737 700 28 28 boeing 737 800 29 29 bombardier crj900 12 12 total 133 9 142 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 will be delivered during the first half of 2010 . 15 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 . destinations edit main article sas group destinations sas museum edit the exhibits at the sas museum at oslo airport gardermoen in norway 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