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Aircraft and finance. SAS sells 80% of Wideroe's shares

Stockholm, Sweden - A full divestment is scheduled in 2016

Scandinavian Airlines (SAS) Group has signed an agreement to sell 80% of its shares in Wideroe, the group's regional subsidiary, to a group of investors consisting of Torghatten ASA, Fjord1 AS and Nordland Fylkeskommune. SAS will retain a 20% share in Wideroe but will have the intention to transfer full ownership of the company in 2016. The sale represents an important step in the improvement of...

AVIONEWS - World Aeronautical Press Agency - 1151897

AVIONEWS - World Aeronautical Press Agency
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