The time period just after the end of World War II was a prime time for new airlines to be born. Scandinavian Airlines is just one example. These new airlines did not let any constraints or obstacles stand in their way. They moved forward against whatever odds they encountered. Running an airline, and putting it into profits, is a tough job for any capable person. Two characteristics that consistently show up in the most successfully run airlines are a readiness to take risks and make innovative decisions. Scandinavian Airlines is no exception. They were the premier airline in the world to launch a trans-polar route from Copenhagen to Los Angeles, with stops in Sondre Stromfjord, Greenland, and Winnipeg, Canada. This new route was very popular with Hollywood and production people who had to be in Europe. SAS realized a new class of passengers and an increase in revenue. This report will endeavor to bring you more interesting information about Scandinavian Airlines.rnrnDepending upon what airline you fly on the most, you may or may not have noticed a flag representing their country. People or companies that have deep roots with their country may honor this tradition. Many airlines, including Scandinavian Airlines, make it part of their business practice to share with their partners. Today, the airline is owned by three countries; Denmark, Sweden and Norway. Combining the best of both worlds, including private and public funding, this company is here to stay. Throughout all of Scandinavia, SAS is the largest air carrier in the region. Their fleet is actually quite large, numbering almost 200 aircraft, which have destinations around the world. rnrnAll airlines seem to have one thing in common, and that is a highly dynamic investor and ownership portfolio. But that is really not too surprising when you consider the difficulties with financial operations. So once again, but in the 90s, SAS endured more changes with ownership and financial investment holdings. However, there were a few acquisitions for the airline as well. The bought a 95% interest in Spanair, Spain's second largest air carrier, as well as Air Greenland. An agreement was reached with a Catalonian group in 2009 for SAS to divest more than 80% of its holdings in Spanair.rnrnWe often have occasion to discuss in detail, the alliances built by SAS over the years. However, it's important that we not forget about the code sharing agreements with other airlines as well. This simply means a legally binding agreement is created between two airlines to the benefit of each. Passengers from each airline can fly on the other and the revenue is passed on to the parent company ticket holder. Among those airlines with agreements such as these with SAS are United Airlines, Austrian and Lufthansa airlines. Another common aspect of code sharing is schedule integration so there are no issues with catching connections. rnrnSeparate business divisions were created for each of Scandinavian Airlines different service areas. The business model of SAS more closely resembles an alliance between the collective airlines and its financial investors. This has been the case since the beginning. In time, however, the airlines that were part of the alliance, merged with the SAS conglomerate. Close to 16,000 employees now work throughout the SAS conglomerate in the countries of Denmark, Sweden, and Norway.

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