After several months of mulling the reorganization of three of its subsidiaries, the SAS Group has decided to divest only the Spirit Air Cargo Handling unit and keep the other two entities for now. The group has decided to give the SAS Ground Services operations another 18 months to prove itself, says Mats Jansson, SAS president and CEO. The unit, for now, will remain an independent subsidiary with targets to meet to retain that status or else be sold. One of the goalposts is improving ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "SAS Lays Out Future Of Three Subsidiaries".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.