Scandinavian Airlines (SAS) is exploring the possibility of creating a new subsidiary that would tap into the growing European leisure sector. The airline stressed that such a venture was just one of many options being discussed internally to ensure the continuation of a “sustainable and profitable SAS.”  There have been reports in European media in recent days of a new SAS operation to be based inside the European Union, but outside Scandinavia, a high-cost region. The ...

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