SAS indicates interest in buying LOT share package
Lasse Lindgren, a member of the SAS board, has indicated that the
Scandinavian airline might be interested in buying a minority share package
in LOT Polish Airlines. According to Prawo i Gospodarka, the company could
be interested in the 37.6% of LOT shares put up for sale by troubled
Swissair. If SAS goes ahead with the transaction, then LOT will probably
leave the Qualiflier Group of international airlines and instead join Star
Alliance, of which SAS is a member. SAS is the sixth biggest airline in
Europe with over 100 flight destinations in Scandinavia and most European
capitals. It is also the owner of the Radisson SAS hotel network comprising
125 hotels in 36 countries. (Prawo i Gospodarka, p. 5; Zycie, p. 9) A.K.