A Profitable Era For Scandinavian Airlines

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The aftermath of World War II was a prime time for the establishment of new airlines, and Scandinavian Airlines was at the forefront of this movement. Scandinavian Airlines, as well as other newcomers during this era, didn't give up because of adversities. They exhibited staying power and fortitude. It doesn't matter how competent and experienced you are, making something as complex as an airline profitable and well run is full of challenges. Two characteristics that consistently show up in the most successfully run airlines are a readiness to take risks and make innovative decisions. In 1954, when Scandinavia Airlines was the first airline to fly from Copenhagen to Los Angeles via the polar route, they showed the world they weren't afraid to take risks and employ new and bold ideas. The launching of this trans-polar route made Scandinavian Airlines very well known and was regarded as a real publicity coup for the airline that increased their business and profits. Our goal with this article is to share with you a number of absorbing details concerning SAS.rnrnIt came as no surprise when these three Scandinavian countries formed the consortium that became known as SAS. World War II ended in 1945 and this company was launched on 1 August 1946, one year later. The end of WW II marked the beginning of a new era around the world and that enthusiasm lead, logically, to this alliance. One month after the founding of this company, in September of 1946, the first flight took place. The Swedish flag carrier AB Aerotransport joined SAS in 1948 and the companies merged and created the SAS Consortium in 1951. The ownership shares were proportioned between the three countries and each country divided their share 50/50 between private investors and their respective governments. rnrnOne attribute a lot of successful airlines have in common is the fact that their ownership and investor portfolios are very strong. But this can be expected when you think about the challenges of the financial operations of these airlines. So, one more time, SAS went through more restructuring of their financial investment holdings and ownership in the 90s. However, there were a few acquisitions for the airline as well. They purchased Spain's second largest air carrier plus Air Greenland. Additional agreements involving financial divestiture existed and were successful executed as a result.rnrnIt's often a topic of conversation among airlines, discussing the alliances entered into by SAS over the history of the company. However, you must not overlook the importance of non-alliance airlines and the code sharing agreements they hold with SAS. This simply means a legally binding agreement is created between two airlines to the benefit of each. Passengers are allowed to fly on each of the airlines with revenues to be passed or shared to the parent company ticket holder. SAS has such agreements with Lufthansa, Austrian and United airlines. Another common occurrence with code sharing is called schedule integration which means fewer missed flights due to connection mishaps. As far as airlines go, Scandinavian Airlines has proven itself top notch in the 21st century. The main reason for their success hasn't been happenstance, indeed it's been good business planning and solid partnership relations. As far as airlines go, SAS is an aggressive company with the will to survive throughout their history. For the good of the company however, they aren't afraid to enter into agreements and partnerships that will benefit the company and it's consumers. This is big business, and things are what they are, but SAS has weathered the tough aviation storm since the mid 1940s. Over the years there have been many figures who have proven instrumental in making SAS what it is today.

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