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by ucarion 2290 days ago
This is not to contradict what you're saying, but it should be clarified that Norway's flag carrier is Scandinavian Airlines, not Norwegian Air:

https://en.wikipedia.org/wiki/Scandinavian_Airlines

Again: I'm aware that you haven't said anything to the contrary. But it's useful context.

2 comments

Well. We Norwegians joke that SAS stands for "svensk alt sammen" (Swedish all together). Some of us consider Norwegian Air Shuttle to be more of a Norwegian airline.

And yes, a bailout is likely. The govt will likely help keep Norwegian Air's planes flying during the Coronavirus period. Additional help is possible.

Looking only at state ownership, the Swedish and Danish governments own about the same share of SAS (~14%) and 1/3rd of the company stock is privately owned.[1]

[1]: https://www.sasgroup.net/annualreports/2018/assets/pdf/eng/S...

Meanwhile, the Finnish government owns 55.8% of Finnair.
SAS is furloughing 10K employees.