kpc
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Just received this email:
Hi kpc,
Today, we announced an exciting and transformative step to build on SAS’ 75-year long history and position our airline at the forefront of the industry for years to come.
We are securing an investment in the reorganized SAS of USD 1,175 million from Castlelake, L.P., Air France-KLM, and Lind Invest together with the Danish state. The investment will provide us with the financial resources to be an even stronger airline for our customers and communities across Scandinavia and other markets.
In connection with this milestone, we intend to eventually join the airline alliance SkyTeam, at which time we will exit Star Alliance. While we are proud to have been a founding member of Star Alliance, we are confident that joining SkyTeam will further strengthen our customer offering.
Importantly, nothing is changing as of now. We still need to obtain regulatory approvals and meet certain conditions to complete the investment transaction and change alliance. Here’s what that means for our airline and for you as a EuroBonus member:
You can continue to book flights with us as usual. We look forward to continue welcoming passengers in Scandinavia today, and well into the future as we move forward as an even stronger airline. Until we complete the transaction, we remain part of Star Alliance. You as a EuroBonus member will continue to enjoy your usual benefits when flying on our partner airlines, and you will be able to accrue and redeem points on Star Alliance partners - just like today. Award bookings with our partners remain valid. As a EuroBonus member, you can continue to accrue and redeem points on SAS and on non-air partners. Your status and benefits as a EuroBonus member when you fly with SAS will not be impacted. We will keep you informed about what to expect over the coming months and will provide updates on the EuroBonus website under latest news.
We are proud of our legacy as Scandinavia’s leading airline since 1946 and look forward to continue serving you for years to come.
Thank you for your continued loyalty.
Sincerely,
Anko van der Werff
President & CEO, SAS
Hi kpc,
Today, we announced an exciting and transformative step to build on SAS’ 75-year long history and position our airline at the forefront of the industry for years to come.
We are securing an investment in the reorganized SAS of USD 1,175 million from Castlelake, L.P., Air France-KLM, and Lind Invest together with the Danish state. The investment will provide us with the financial resources to be an even stronger airline for our customers and communities across Scandinavia and other markets.
In connection with this milestone, we intend to eventually join the airline alliance SkyTeam, at which time we will exit Star Alliance. While we are proud to have been a founding member of Star Alliance, we are confident that joining SkyTeam will further strengthen our customer offering.
Importantly, nothing is changing as of now. We still need to obtain regulatory approvals and meet certain conditions to complete the investment transaction and change alliance. Here’s what that means for our airline and for you as a EuroBonus member:
You can continue to book flights with us as usual. We look forward to continue welcoming passengers in Scandinavia today, and well into the future as we move forward as an even stronger airline. Until we complete the transaction, we remain part of Star Alliance. You as a EuroBonus member will continue to enjoy your usual benefits when flying on our partner airlines, and you will be able to accrue and redeem points on Star Alliance partners - just like today. Award bookings with our partners remain valid. As a EuroBonus member, you can continue to accrue and redeem points on SAS and on non-air partners. Your status and benefits as a EuroBonus member when you fly with SAS will not be impacted. We will keep you informed about what to expect over the coming months and will provide updates on the EuroBonus website under latest news.
We are proud of our legacy as Scandinavia’s leading airline since 1946 and look forward to continue serving you for years to come.
Thank you for your continued loyalty.
Sincerely,
Anko van der Werff
President & CEO, SAS