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Spanair sales process abandoned

Stockholm, Sweden - SAS Group to keep Spanair

"As communicated in the SAS Group Strategy plan, Strategy 2011, SAS has been in a process of divesting Spanair. The target for the SAS Group has been to finalize this process before the end of second Quarter 2008. Due to the challenging market conditions in the Spanish aviation market coupled with record oil prices and pressure in the financial sector SAS has not been able to reach its targeted...

fra/pec - 1091231
Rome, Italy, 06/20/2008 13:29
AVIONEWS - World Aeronautical Press Agency

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