Scandinavian Airlines - An Account of Its Illustrious History

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There are many fascinating stories of airlines in recent history, and Scandinavian Airlines is one with many twists and turns. If an airline is able to stay afloat over a lot decades than that goes to show something remarkable. The simplest explanation is that the airline business is one of the most arduous in the world.rnrnIn addition to having to contend with a variety of hassles, you have to handle some constricted profit margins. The aviation industry, overall, is united really close with and contingent upon national and international vigor of the economies. Pursuing business successions through both the good and bad times is something airline companies strive to do. Now with that out of the way, let us scrutinize Scandinavian Airlines and attain knowledge about this inimitable company.rnrnSAS Global is responsible for international air carrier operations as of the end of the first decade of the 21st century. The group of nations known as Scandinavia has the Scandinavian Airlines Systems (SAS). With more than 100 destinations around the globe including points in North America and Asia. SAS formed the Star Alliance during the 1990s with a group of airlines and is considered a part of the consortium. 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 once more, in the 1990s, Scandinavian Airlines went through more ownership changes and restructuring of their financial investment holdings. However, there were a few acquisitions for the airline as well. Air Greenland and a 95% interest in Spain's 2nd largest air carrier, Spanair, were two of their acquisitions. SAS signed an agreement with a Catalonian group to divest more than 80% of its holdings in Spanair.rnrnIncreased security were massive in the 2000's because of the 9/11 attaches and terrorist threats around the world. To bolster and augment the existing security measures SAS implemented a biometric fingerprint identification system. Sweden was the only place to use that particular system. A positive match between luggage and the person who owns it is what the biometric system is used for. SAS Norway uses the biometric system since 2006. rnrnScandinavian airlines has seen improvements over the years because of the aggressive acquisition efforts. Scandinavian Airlines was instrumental in the creation of the global Star Alliance group of airlines. To increase the capabilities of each airline, such business alliances exist to provide extra financial security. It is much like a strength in numbers approach which is understandable in the hyper competitive world of air travel and aviation. Since the late 90s, SAS has existed as essentially four entities or divisions which include three divisions one of each of Denmark, Sweden an Norway. Ultimately, SAS Global is the international flight division of the Scandinavian Airlines.

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