Skip to content
Advertisement

Business

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.

More from Business All