LH seeks to buy SAS

Aug 20, 2002
1,423
89
Valhalla
Updated September 15, 2008 2:36:25 PM
Bruce Barnard / The JOURNAL of COMMERCE ONLINE

Germany’s Lufthansa, Europe’s second-largest airline, is in preliminary negotiations to buy SAS, the loss-making Scandinavian airline, in a move that would further consolidate its position as Europe’s biggest air-cargo carrier.

A takeover could be difficult, since SAS is 50-percent owned by the governments of Sweden, Norway and Denmark which may have conflicting views on foreign ownership of the carrier.

LH has the best airline yield-management system which is why they can buy into SK, B6 and perhaps AZ. Why can't the US carriers be so adept?
 
Back
Top