The SAS Group is a airline holding company based in Stockholm, Sweden and is the parent company of several Scandinavian carriers including Scandinavian Airlines, Blue1 and Cimber A/S. The pan-Scandinavian group of airlines operate an extensive European network of air services as well as international services to the US, Middle-East and Asia from its four main hubs at Stockholm, Oslo, Copenhagen and Helsinki. SAS plans to establish an Irish subsidiary at London Heathrow and Malaga.
Originally founded in 1951, the SAS group is headquartered on the grounds of Stockholm Arlanda Airport. The governments of Sweden, Denmark and Norway each hold shares in the company with the remaining shares listed on the Stockholm, Oslo and Copenhagen stock exchanges.
Wholly-owned subsidiaries of the SAS group include:
- Scandinavian Airlines (since 1951)
- Blue1 (since Jan-1998)
- Cimber A/S (since Feb-2015)
- SAS Ireland (from Dec-2017)
The SAS group also holds minority stakes in:
- Air Greenland (37.5%, since 1960)
- Estonian Air (10%, ceased in Nov-2015)
In Jun-2016, SAS sold it's remaining 20% stake in Wideroe to WF Holding AS, the carrier's majority shareholder. Widerøe will continue to be a regional partner to SAS.
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