The airline company (founded in 1946 after a merger between the Danish, Swedish and Norwegian state airlines) is in trouble. First, the Norwegian government sold its shares in 2018, now the Swedish government wants to sell its shares and will refuse to infuse new capital into the company. The company has a debt of 20 billion SEK (Swedish Krona).
- Ownership of SAS: 21,8% Denmark, 21,8% Sweden, 47,35% private investors, 3,42% Wallenberg Investment, 1,64% Vanguard and other smaller investment funds
- SAS share price: It has dropped from 1,57 DKK (2021) to 0,58 DKK today.
- Sweden and Denmark have already invested 15 billion SEK during the pandemic to keep the company afloat.
- The Danish government announced that they want to save SAS and therefore will buy more shares to increase their share percentage to 30%. Also, SAS’s debt to the Danish state will be forgiven.
