|Key people||2004-2006 |
SAS Braathens was the name of
SAS Braathens was a wholly owned subsidiary of the
SAS Braathens had a route network covering 40 destinations from
Scandinavian Airlines was founded on 1 August 1946 when the flag carriers of Denmark, Sweden and Norway formed a partnership to handle intercontinental traffic to Scandinavia. Operations started on 17 September 1946. Det Norske Luftfartselskab (DNL) is the former Norwegian flag carrier which was founded in 1927. The companies embarked on coordination of European operations in 1948 and finally merged to form the current SAS Consortium in 1951. Upon foundation the airline was divided between SAS Danmark (28.6%), SAS Norge (28.6%) and SAS Sweden (42.8%), all owned 50% by private investors and 50% by their respective governments. SAS gradually acquired control of the domestic markets in all three countries by acquiring full or partial control of several local airlines. The ownership structure of SAS was changed in June 2001, with a holding company being created in which the holdings of the governments changed to Sweden (21.4%), Norway (14.3%) and Denmark (14.3%) and the remaining 50% publicly held and traded on the stock market.
Braathens was founded on March 26, 1946. For many years, Braathens was known as Braathens S.A.F.E, the latter part being an acronym standing for South American and Far East, for the destinations Braathens originally served. The company was founded by Norwegian ship owner Ludvig G. Braathen, with the intention of serving his ships in other parts of the world. In 2001 Braathens formed an alliance with
The first months of 2006 were marked by conflict, and ill pilots caused several flights to be cancelled. Negotiations between cabin personnel and management failed on 6 April, leading to a strike grounding most of the flights, though a deal between management and the unions ended the strike on April 8.
By 2007 the airline was one of Norway's most prominent companies, but the lack of reliability caused by the number of cancelled and delayed flights has put the airline at the bottom of 140 Norwegian companies ranked by consumer confidence. The April 2006 strike benefitted SAS Braathens' main competitor,
SAS Braathens CEO
However, in 2007 the airline was rebranded as