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SAS acquires 100% of Spanair

Rome, Italy - The first step to divest the carrier

SAS (Scandinavian Airlines System) acquires 100% ownership in Spanair as preparation for divestment. The Scandinavian carrier has agreed with Spanair's minority shareholder, Teinver, to increase SAS' ownership in Spanair to a level representing 100 percent from 94,9%. The transaction has been completed on June 26. SAS Group stated on June 13 its intention to divest Spanish carrier and this transaction...

AVIONEWS - World Aeronautical Press Agency - 1076161

AVIONEWS - World Aeronautical Press Agency
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