Denmark, Norway and Sweden are all considering the possibility of offloading their stakes in cash-strapped SAS, the Scandinavian multi-national airline.
After Sweden last week officially announced that it was considering dropping its 21.4% stake in SAS both Norway and Denmark, each holding a further 14.3% stake, confirmed that they too could consider selling their shares.
The other 50% of SAS is already publicly held.
“[We are] asking for a mandate from parliament to reduce the state’s ownership in SAS at a suitable point in time,” said Sweden in a statement.It’s understood that Sweden is looking to sell-off a portion of its stake, and is unlikely to let the airline entirely out of its grasp.
Source = e-Travel Blackboard: W.X