SAS Scandinavian Airlines has completed the previously announced sale of 80% of regional carrier Widerøe to a Norwegian investor group, netting about SEK2 billion ($311 million), which includes aircraft-related transactions. The investor group comprises Torghatten ASA, Fjord1 AS and Nordland Fylkeskommune. The sale, which was announced in May, is part of the carrier’s survival strategy. SAS Group president and CEO Rickard Gustafson told ATW recently the carrier had to make ...

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