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SAS Group
SAS AB (Scandinavian Airlines System Aktiebolag), trading as SAS Group, is an airline holding company headquartered in the SAS Frösundavik Office Building in Solna Municipality, Sweden. It is the owner of the airlines Scandinavian Airlines and Scandinavian Airlines Ireland. SAS once owned 19.9% of the now defunct Spanish airline Spanair as well as shares in Estonian Air and Skyways Express. SAS Group is partially owned by the governments of Sweden and Denmark with a 14.82% and 14.24% holding, respectively. The remaining 70.92% is held by private shareholders, of which Foundation Asset Management owns 6.50%. The company is listed on the Oslo Stock Exchange, the Stockholm Stock Exchange, and the Copenhagen Stock Exchange. The conglomerate was founded in 1951 as a merger between the three Scandinavian flag carriers Aerotransport (ABA—Sweden), Det Danske Luftfartselskab (DDL—Denmark), and Det Norske Luftfartselskap (DNL—Norway), after the three had been cooperating on interna ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SAS Ground Handling
SAS Ground Handling is Europe's third-largest full-service provider of aircraft ground handling and airport related services. SAS Ground Handling is the largest ground-handling company in Scandinavia. History As of July 1, 2010 SAS Ground Services is renamed to SAS Ground Handling. SAS Ground Handling serves more than 30 airports in Denmark, Norway and Sweden and has about 8.400 employees. SAS Ground Handling is owned by the SAS Group. As part of the Core-SAS strategy formed by the SAS Group in February 2009, some of SAS Ground Handling operations are being divested or outsourced. *SAS Ground Services Finland was divested to ISS Palvelut in July 2009. *SAS Ground Services UK was divested to ASIG in June 2010. On March 7, 2013 Swissport International Ltd. (“Swissport”) and Scandinavian Airline Systems (“SAS”) announced that they signed a Letter of Intent creating the basis for continued negotiations between the two companies, aiming at an agreement to transfer full owne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aktiebolag
''Aktiebolag'' (, " stock company") is the Swedish term for "limited company" or "corporation". When used in company names, it is abbreviated AB (in Sweden), Ab (in Finland), or, rarely, A/B (dated), roughly equivalent to the abbreviations ''Ltd.'' and '' PLC''. The state authority responsible for registration of aktiebolag in Sweden is called the Swedish Companies Registration Office. Sweden All ''aktiebolag'' are divided into two categories: private limited companies and public limited companies. The name of a private limited company may not contain the word ''publikt'' ("public") and the name of a public limited company may not contain the word ''privat'' or ''pvt.'' ("private"). Public A public limited company (''publikt aktiebolag'') is legally denoted as "AB (publ.)" in Sweden or "Abp" in Finland. A Swedish public limited company must have a minimum share capital of 500,000 Swedish kronor and its shares can be offered to the general public on the stock market. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flag Carrier
A flag carrier is a transport company, such as an airline or shipping company, that, being locally registered in a given sovereign state, enjoys preferential rights or privileges accorded by the government for international operations. Historically, the term was used to refer to airlines owned by the government of their home country and associated with the national identity of that country. Such an airline may also be known as a national airline or a national carrier, although this can have different legal meanings in some countries. Today, it is any international airline with a strong connection to its home country or that represents its home country internationally, regardless of whether it is government-owned. Flag carriers may also be known as such due to laws requiring aircraft or ships to display the state flag of the country of their registry. For example, under the law of the United States, a U.S. flag air carrier is any airline that holds a certificate under Section ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Copenhagen Stock Exchange
The Nasdaq Copenhagen, formerly known as the Copenhagen Stock Exchange ( da, Københavns Fondsbørs), is an international marketplace for Danish securities, including shares, bonds, treasury bills and notes, and financial futures and options. Nasdaq Copenhagen is one of the Nasdaq Nordic Exchanges. Nasdaq Nordic goes back to the 2003 merger of ''OM AB'' and ''HEX plc'' to form ''OMX'' and is, since February 2008, part of Nasdaq, Inc. (formerly known as ''NASDAQ OMX Group''). Background and structure The exchange was converted to a limited company in 1996 with share capital issued in a ratio of 60-20-20 to members, issuers of shares, and issuers of bonds. In 1997 the FUTOP Clearing Center A/S, the Danish derivatives market, became a wholly owned subsidiary. FUTOP issues, clears, and guarantees futures and options on shares, indices, and interest rate products. FUTOP products can be traded electronically. In 1998, the CSE and the Stockholmsbörsen formed the NOREX Alliance, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stockholm Stock Exchange
Nasdaq Stockholm, formerly known as the Stockholm Stock Exchange ( sv, Stockholmsbörsen), is a stock exchange located in Frihamnen, Stockholm, Sweden. Founded in 1863, it has become the primary securities exchange of the Nordic countries. As of March 2021, a total of 832 companies are listed on Nasdaq Stockholm with 385 companies on the main market and additional 447 listed on secondary markets (Nasdaq First North and Nasdaq First North Premier). History The Stockholm Stock Exchange was acquired by futures exchange OM in 1998. After OM merged with the Helsinki Stock Exchange to form what is now OMX in 2003, the Stockholm and Helsinki exchanges' operations were merged. Since 2008, the Stockholm Stock Exchange has been part of Nasdaq, Inc. (formerly called ''Nasdaq OMX Group'') and its Nasdaq Nordic markets. As of October 2014, the exchange operated under the legal name ''Nasdaq OMX Stockholm AB'' (renamed ''Nasdaq Stockholm AB'' in 2015). Prior to the introduction of electroni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oslo Stock Exchange
Oslo Stock Exchange ( no, Oslo Børs) (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway’s only regulated markets for securities trading today. The stock exchange offers a full product range including equities, derivatives and fixed income instruments. The Euronext consortium of European stock exchanges controls Oslo Stock Exchange as of June 2019. History Oslo Børs was established by a law of September 18, 1818. Trading on Oslo Børs commenced on April 15, 1819. In 1881, Oslo Børs became a stock exchange, which means securities were listed. The first listing of securities contained 16 bond series and 23 stocks, including the Norwegian central bank (Norges Bank). Oslo Børs cooperates with London Stock Exchange on trading systems. The exchange has also a partnership with the stock exchanges in Singapore and Toronto (Canada) for a secondary listing of companies. The stock exchange was privatized in 2001, and is, after the merger in 2007, 100% own ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foundation Asset Management
Foundation Asset Management AB is a Swedish foundation asset management company, founded by the three largest Wallenberg foundations in order to manage the assets of the foundations, by means of direct ownership as well as through management and consultancy agreements. The administration of all the foundations and the donations of all the Wallenberg foundations is handled through a subsidiary. The Wallenberg foundations is an informal collective name for the twenty different foundations founded by the members of the Wallenberg family. The largest Wallenberg foundations in order of net worth: *'' The Knut and Alice Wallenberg Foundation'', founded 1917. *'' The Marianne and Marcus Wallenberg Foundation'', founded 1963. *'' The Marcus and Amalia Wallenberg Foundation'', founded 1960. Largest holdings at 31 December 2013 *Alfa Laval – heat exchanger company (6.0% stake, 6.0% voting rights) * Bergvik Skog – forest company (12.5% stake, 12.5% voting rights) *Höganäs – metal po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Skyways Express
Skyways Express AB was a Swedish airline that operated regional and domestic scheduled services. With its corporate head office on the property of Stockholm-Arlanda Airport in Sigtuna Municipality, Sweden, its main hub was at Stockholm-Arlanda Airport. The airline was placed into administration on 22 May 2012. Previously its head office was at Eurostop köpcenter, Cederströms slinga, Arlandastad. History The airline was established in 1987 and was previously known as Avia. It acquired Salair on 15 July 1991, Highland Air in March 1997 and Air Express in 1999. A partnership was forged with Scandinavian Airlines (SAS) which acquired a 25% stake in April 1998. The owners were Salenia (72.7%), SAS (25%) and Janus (2.3%). The operational division of Skyways was separated from the sales division in 2009. During 2010 there was some restructuring regarding ownership. SAS sold its share of the company at a loss, and eventually it was acquired by the asset management company Manswell Ent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Estonian Air
Estonian Air was the flag carrier airline of Estonia between 1991 and 2015. Headquartered in Tallinn it operated scheduled services from Tallinn Airport. Prior to its closure, the airline flew from Tallinn to 11 destinations in Europe. From 1991 to 1996 and since 2010 Estonian Air was owned by the Estonian government. In 2010 the Estonian government had purchased the company back from SAS Group to ensure it did not go bankrupt. On 7 November 2015 the European Commission ruled that the government funding given to the company had been in breach of the European Union regulations and must be paid back. Estonian Air, not having such funds, ceased all its operations the next day and immediately entered the process of liquidation. A new state-owned airline, Nordica, entered operations the same day. History Early years The airline was established by the Estonian government with aircraft acquired from the defunct local Aeroflot Division. In 1992, the airline became a member of IA ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spanair
Spanair S.A. was a Spanish airline, with its head office in the Spanair Building in L'Hospitalet de Llobregat, near Barcelona. Until 2009, it was a subsidiary of the SAS Group; the same parent company in control of Scandinavian Airlines and held slightly under 20% of the company. Spanair provided a scheduled passenger network within Spain and Europe, with an extension to West Africa. Worldwide charters were also flown for tour companies. Its main hub was Josep Tarradellas Barcelona–El Prat Airport, with focus cities at Adolfo Suárez Madrid–Barajas Airport and Palma de Mallorca Airport. The airline had 3,161 employees and was a Star Alliance member from 2003 until its demise on 27 January 2012. History The airline was established in December 1986 and began operations in March 1988. It was set up as a joint venture between Scandinavian Airlines and Viajes Marsans, and began operations with European charters. Long-haul flights to the United States, Mexico and the Dominican ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
