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History milestones - SAS
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Stock Market</p><p>1924 AB Aerotransport (ABA), SAS’ Swedish parent company, is founded</p><p>1927 Det Norske Luftfartselskap A/S (DNL), SAS’ Norwegian parent company is founded</p><h2>1940-1959</h2><p>1946 SAS is formed from Det Danske Luftfartselskab A/S (DDL), Det Norske Luftfartselskap A/S (DNL) and Svensk Interkontinetal Lufttrafik AB (SILA). The first intercontinental flight Stockholm – New York.</p><p>1951 DDL, DNL and ABA form the present SAS Consortium.</p><p>1954 SAS is the world’s first airline to fly the Copenhagen – Los Angeles polar route in scheduled services.</p><p>1955 SILA (which owned 50% of ABA) was quoted on the “Stockbrokers’ List” in Sweden.</p><p>1957 SAS is the first airline to offer “round the world service over the North Pole.” North Pole Shortcut Copenhagen – Anchorage – Tokyo.</p><p>1959 SAS enters the jet age. The first jet aircraft, Caravelle, in service.</p><h2>1960-1969</h2><p>1960 SAS opens its first hotel, the SAS Royal Hotel Copenhagen.</p><p>1965 SAS is first to introduce and electronic reservation system.</p><p>1967 DNL is listed on the Oslo Stock Exchange.</p><h2>1970-1979</h2><p>1971 SAS puts its first Boeing 747 jumbo jet into service.</p><h2>1980-1989</h2><p>1980 SAS opens its first hotel outside of Scandinavia, the SAS Kuwait Hotel. SILA is listed on the Stockholm Stock Exchange.</p><p>1981 SAS EuroClass is introduced on all European routes.</p><p>1982 SAS is the most punctual airline in Europe for the first time.</p><p>1984 SAS receives Air Transport World’s distinction “Airline of the Year” for 1983.</p><p>1986 Spanair is founded</p><p>1989 SAS International Hotels owns 40% of Intercontinental Hotels Group. This stake sold in 1992.</p><h2>1990-1999</h2><p>1994 Focus on airline operations in the SAS Group – sale of a number of subsidiaries.</p><p>1996 SAS celebrates its 50th anniversary on August 1. Harmonization and name change of SAS parent company to SAS Danmark A/S, SAS Norge ASA and SAS Sverige AB.</p><p>1997 SAS is one of the founders of Star Alliance.</p><p>1998 Air Botnia becomes a wholly owned subsidiary of the SAS Group.</p><p>1999 The SAS Group becomes a majority owner of Widerøe.</p><h2>2000-2009</h2><p>2001 A single SAS share is established. On July 6, SAS is listed on the stock exchanges in Stockholm, Copenhagen and Oslo. Braathens is acquired by the SAS Group in December.</p><p>2002 Rezidor SAS Hospitality signed a master franchise agreement with Carlson Hotels Worldwide.</p><p>2003 Acquisition of 49% of the shares in Estonian Air.</p><p>2004 Incorporation of Scandinavian Airlines Sverige, SAS Braathens and Scandinavian Airlines Danmark.</p><p>2005 The SAS Group sells European Aeronautical Group to Navtech Inc. The SAS Group sells Jetpak Group to Polaris Private Equity and 67 % of SAS Component to Singapore Technologies Engineering. Furthermore Carlson Hotels acquires a 25 % stake in Rezidor SAS.</p><p>2006 SAS celebrates 60 years. CEO Jørgen Lindegaard leaves SAS on August 1; replaced temporarily by CFO Gunnar Reitan. Rezidor Hotels introduced at the Stockholm Stock Exchange</p><p>2007 Mats Jansson becomes new CEO for SAS. SAS Strategy 2011 is introduced. Flight Academy was sold. SAS Group sold its remaining stake in Rezidor to Carlson Companies</p><p>2008 Datagraf acquires SAS Media. SAS Facility Management sold to Coor. SAS Group sells airBaltic to the management of the Company.</p><p>2009 To facilitate the implementation of Core SAS a rights issue of appr SEK 6 billion was carried out.</p><h2>2010-</h2><p>2010 To further strengthen the financial preparedness and complete Core SAS a rights issue of approximately SEK 5 billion was carried out.</p><p>2011 Rickard Gustafson became new CEO of SAS. The strategy plan 4Excellence was launched.</p><p>2012 SAS launched the restructuring program 4Excellence Next Generation.</p><p>2013 SAS sold 80% of its holding in Wideröe.</p><p>2014 SAS completed a SEK 3.5 bn issue of preference shares.</p><p>2016 SAS took delivery of its fourth Airbus A330E and thereby completed the expansion of its long-haul fleet to 16 aircraft.</p><p>2017</p><p>SAS completed a private placement of MSEK 1,270.</p><p>SAS established SAS Ireland with a base in London.</p><p>2018</p><p>SAS places order for an additional 50 Airbus A320neo aircraft to create a single-type fleet</p><p>SAS the first Nordic airline to launch high speed WiFi</p><p>The Norwegian government divested its 9.9% shareholding in SAS.</p><p>SAS Ireland opened a base in Malaga.</p><p>SAS and Preem signed a letter of intent to secure future production of biofuel. 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