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Well. We Norwegians joke that SAS stands for "svensk alt sammen" (Swedish all together). Some of us consider Norwegian Air Shuttle to be more of a Norwegian air
by michaeljohansen 7y ago
Well. We Norwegians joke that SAS stands for "svensk alt sammen" (Swedish all together). Some of us consider Norwegian Air Shuttle to be more of a Norwegian airline.
And yes, a bailout is likely. The govt will likely help keep Norwegian Air's planes flying during the Coronavirus period. Additional help is possible.
- hnarn 7y agoLooking only at state ownership, the Swedish and Danish governments own about the same share of SAS (~14%) and 1/3rd of the company stock is privately owned.[1] [1]: https://www.sasgroup.net/annualreports/2018/assets/pdf/eng/SAS_AR17-18_ENG.pdf https://www.sasgroup.net/annualreports/2018/assets/pdf/eng/S...
- Jhsto 7y agoMeanwhile, the Finnish government owns 55.8% of Finnair.