SAS Scandinavian Airlines, which owns 47.2% of AirBaltic and 49% of Estonian Air, is continuing its plan to take over 100% of the two airlines. "The main reason for us not to establish Riga or Tallinn as a hub is we want to take advantage of the very low operational costs of these carriers," SAS CEO Jorgen Lindegaard told ATWOnline. SAS's strategy is to employ the two on secondary routes out of its hubs in Stockholm or Copenhagen to European destinations where operations with SAS mainline ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.