SAS and Singapore Airlines sign joint venture deal

Agreement covers routes between Scandinavia and Singapore

The CEOs of Scandinavian Airlines and Singapore Airlines, Rickard Gustafson and Goh Choon Phong, have today signed a joint venture agreement in Singapore. This follows the Memorandum of Understanding that was signed in January and covers routes between Scandinavia and Singapore.
With a signed joint venture agreement, the two Star Alliance carriers can now move forward to plan further business opportunities within the partnership, such as the coordination of flight schedules and joint sales activities, all of which is subject to regulatory approval. Regulatory approval will now be sought from the authorities in Singapore and Europe.
The partnership is expected to lead to growth in existing air services between Singapore and Scandinavia, and, subject to market conditions at the appropriate time, pave the way for a new route between Singapore and Stockholm. Singapore Airlines currently operates three weekly flights between Copenhagen and Singapore in a code-share partnership with SAS.
Rickard Gustafson, President and CEO, SAS: “Singapore Airlines will be a vital part of our Asian strategy and we look forward to jointly explore further growth opportunities in this exciting and important market.”
TTG Nordic

x

Check Also

Singapore Airlines, business, premium economy, product, long-haul, Stockholm, first class

Skytrax 2018 airline awards, the best airline in world is Singapore Airlines.

The Skytrax awards were presented this week at the Langham Hotel in London and one Nordic carrier did well.

City Jet and Air Nostrum to merge, the consolidation in European aviation is on-going.

Irish City Jet and Spanish Air Nostrum join forces and when merged under a holding company it will emerge as the largest regional airline in Europe.

SAS, passengers, stats, numbers, figures, Norwegian, monthly, June, 2018, weaker, stronger, routes

SAS sets another passenger record

The airline has broken its previous monthly passenger record from 2014, though it is still behind Norwegian.

SAS, Norwegian, airline, history, story, Scandinavia, aviation, Norway, Sweden, Denmark, Pole, flight, intercontinental

Goodbye Scandinavian Airlines System, welcome SAS!

It has been a long and eventful journey for Scandinavia’s premier airline. Now that Norway has sold its remaining shares in the airline, it is the end of an era – and what an era!

Star Alliance, Rome, airport, business, first class, SAS, passengers, Thai, Lufthansa, United, dishes, wifi, local

Star Alliance opens new lounge today in Rome

This is a classy one, with a “unique local experience” for first and business class passengers and Gold Card holders.

sas, Nordic, Scandinavia, sale, sell, stake, shares, state, government, buy, investors,

Norway sells all its shares in SAS

There is now speculation that Sweden will also sell its stake, but Denmark will keep hold of its own shares.