News

Lufthansa to take over SAS?

12 Sep 2008 by Mark Caswell

German airline
Lufthansa is “examining a takeover of Scandinavia’s SAS” according to a report
by Reuters.

Reuters.com says
that sources have told the website “exclusive negotiations are being held”, but that “a takeover os SAS was not a foregone conclusion”.

Shares in SAS
were suspended following the report, and SAS’ Group Investor Relations has released the following statement:

“Regarding today’s speculations in the media
SAS confirms that it is in the process of evaluating various structural
possibilities for the Group. Within this process SAS is conducting talks about
a possible structural solution. It must be emphasized that no decision has been
taken.”

More information will appear here when
available. Visit flysas.com.

Report by Mark Caswell

Loading comments...
BTUK October 2018 issue
BTUK October 2018 issue
Be up-to-date
Magazine Subscription
To see our latest subscription offers for Business Traveller editions worldwide, click on the Subscribe & Save link below
Polls