Re:Norwegian Air to cancel 85% of flights and temporarily la...
by michaeljohansen on Monday March 16, 2020 @03:06PM
(#22596250)
Well. We Norwegians joke that SAS stands for "svensk alt sammen" (Swedish all together). Some of us consider Norwegian Air Shuttle to be more of a Norwegian airline.
And yes, a bailout is likely. The govt will likely help keep Norwegian Air's planes flying during the Coronavirus period. Additional help is possible.
Re:Norwegian Air to cancel 85% of flights and temporarily la...
by hnarn on Monday March 16, 2020 @03:14PM
(#22596373)
Looking only at state ownership, the Swedish and Danish governments own about the same share of SAS (~14%) and 1/3rd of the company stock is privately owned.[1]
[1]: https://www.sasgroup.net/annualreports/2018/assets/pdf/eng/S...
https://en.wikipedia.org/wiki/Scandinavian_Airlines
Again: I'm aware that you haven't said anything to the contrary. But it's useful context.