In recent history, there is a number of beguiling accounts or airlines and Scandinavian Airlines is one that has a zigzag of events. If an airline is capable of staying in business for several decades than that proves to be something exciting. Around the world, the airline industry is one of the most grueling and that is a straightforward justification.rnrnYou are faced with the slimmest of profit margins as well as other pressures. On the whole, the aviation business is united pretty closely with and conditional upon the intensity of national and global economies. Airline business follows the business cycles in both boom and bust. Therefore with that said, let us review Scandinavian Airlines and gain knowledge of this distinctive company.rnrnIf we take a look at 2006, SAS reported revenues of more than 42 billion Swedish Krona, or SEK. Over 25 million domestic and international travelers were transported in that one year alone. This statistic earned the company a 9th place standing in the top 10 airlines in Europe. Intelligent mergers and acquisitions played a major role in that success. Among other things, they are a founding member of the aviation consortium known as the Star Alliance Group. SAS was willing to join forces with many other airlines in the past 50 plus years, and that strategy has paid off. rnrnAn additionally accomplished business move by Scandinavian Airlines happened in 1997. SAS, Air Canada, United Airlines, Lufthansa and Thai Airways formed a system named Star Alliance.rnrnThis global grouping of airlines was a piece of a lasting approach which came together in the form of the alliance. There was a huge reorganization of the structure in 2001, which resulted in SAS ownership being divvied up among three Scandinavian countries, as well as stock offerings for public ownership. The three countries embroiled in this are Norway, Denmark and Sweden. Nevertheless, the shareholding of public stocks of the business lingers at 50%.rnrnIncreased security were massive in the 2000's because of the 9/11 attaches and terrorist threats around the world. In 2006, the Swedish division of SAS implemented a biometric fingerprint identification system to enlarge and bolster existing security measures. This particular system is used within Sweden, though, since it was instituted by Swedish SAS. This biometric system is used to make a positive match between luggage and the person who owns it. SAS Norway has started using this system, but makes it very clear to passengers that it is strictly voluntary. As far as airlines go, Scandinavian Airlines has proven itself top notch in the 21st century. This is due largely to the smart business efforts involving business partnerships. The company is aggressive and has been all throughout their history. On the other hand, they are still willing to merge with and support other companies and partnerships wherever and whenever necessary for the good of the company. Over the last 60 plus years of big business and difficult storms SAS has survived on skill and innovation in the aviation field. We must however recognize some of the key figures who where instrumental in the financial stability and longevity of this company.

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