20 MAY 2013
© 2022 Business Travel News Ltd.
SAS Group, in another cost cutting move, says it plans to sell 80% of its Wideroe regional airline to Norwegian interests. The Bombardier Dash 8 operator has been on the market since last year. The change of ownership will not change any commercial arrangements between the two airlines and could result at some point in the future of a total takeover.
The sale will reduce SAS debt and allow the struggling airline to concentrate on cost cutting measures and a more vigorous marketing approach. Links with Lufthansa have been dropped although some code shares remain and SAS remains part of Star Alliance.
Widero serves 41 domestic and six international destinations. www.wideroe.no/en
All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum