SAS Group's sale of it's holding in SAS Flight Academy to STAR Capital Partners closed
February 20, 2007 17:35
SAS Group announced on February 12, 2007 that an agreement has been entered to sell all of it’s shares in Flight Academy AB to STAR Capital Partners.
The transaction has on February 20, 2007 been closed as planned. The shares were sold for a total amount of MSEK 750. The capital gain amounts to approximately MSEK 380. The transaction amount and positive effect on net debt for the SAS Group amount to MSEK 750.
SAS has entered into a service agreement with Flight Academy regarding continued aviation training.
Latest news
SAS EuroBonus named Airline Loyalty Program of the Year in Europe, Middle East and Africa
October 12, 2026 / 11:26 CEST /
English
SAS EuroBonus has won two awards at the 2026 Frequent Traveler Awards: Airline Loyalty Program of the Ye...
SAS and Lykke Coffee Farms team up to raise the bar for coffee in the air
September 30, 2026 / 12:04 CEST /
English
SAS is partnering with Scandinavian coffee company Lykke Coffee Farms to introduce a new coffee experien...
SAS launches new brand platform and tagline: Scandinavian as Standard
September 28, 2026 / 11:00 CEST /
English
As SAS marks its 80th anniversary, the airline is launching a new brand platform and tagline, Scandinavi...