From it's birth, or so some say, Scandinavian Airlines was born to succeed in a very real sense. We say that because their beginnings were humble, but not as humble as many other airlines over the years. This airline was created by a Swedish investor and a few small local airlines in Scandinavia joining forces to create a powerhouse. The advantages of the net results of existing assets gave way to unheard of benefits. Since existing airlines pooled their assets and resources, along with established airline infrastructure, they were off and running fairly quickly. Their beginning was of course, not a fluke, as we can see by their overall success.
It came as no surprise when these three Scandinavian countries formed the consortium that became known as SAS. The date of birth for the company is August 1, 1946, and merely one year after the end of the second world war. The whole world was ready to start afresh after the end of the war and the forming of this alliance was the expected result of this new attitude. Then in the middle of September, of the same year, flight operations began in earnest for Scandinavian Airlines. The Swedish flag carrier AB Aerotransport joined SAS in 1948 and the companies merged and created the SAS Consortium in 1951. Each country, after the Consortium was formed and shares were allotted, divided their respective ownership interest half and half with private investors and their governments.
Having progressive and vital ownership and investor portfolios seems to be a commonality between airlines. Considering how formidable handling the financial operations of an airline is, this comes as no surprise. So, one more time, SAS went through more restructuring of their financial investment holdings and ownership in the 90s. Nevertheless, this didn't stop SAS from adding other airlines to its acquisitions. They also bought 95% of Spanair, the 2nd largest airline in Spain, and Air Greenland. They also formed agreements in regards to their financial divestiture, pertaining to Spanair, which were eventually executed with success.
Increased security were massive in the 2000's because of the 9/11 attaches and terrorist threats around the world. To augment and bolster existing security measures the Swedish division of 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. The biometric ID system is strictly voluntary, since it was launched by SAS Norway in 2006.
Scandinavia and Europe are the locations in which Scandinavian Airlines (SAS), an international airline, has some of their foremost hubs. This is a fascinating illustration of a large airline which has ownership through public stock and is also co-owned by three separate countries. During the initial years of SAS, there was a revelation that innovating travel routes could prove to be a money-spinning maneuver. This business was capable of acquiring incredible amounts of public awareness by taking a step in developing new airways.
Due to predictions by the management in the company, a huge part of their accomplishments took place because of their predictions of the future, during the late 1900s.
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