Advertisement

parking list app Price was right for SAS: Norway minister on airline sale

Share this article

Price was right for SAS: Norway minister on airline sale
Norway's Minister for Trade and Industry Torbjørn Røe Isaksen. Photo: Terje Bendiksby / NTB scanpix
18:37 CEST+02:00
Minister for Trade and Industry Torbjørn Røe Isaksen said that the government's decision to sell its shares in joint Scandinavian airline SAS had come “at the right time”.

repair windows 10 download Isaksen's ministry announced on Tuesday that it would sell 37.8 million shares, which correspond to around 9.88 percent of the airline's capital, to "institutional investors".

brukte nyno på eksamen The sale will earn the Norwegian state around 652 million Swedish kronor (around 597 million Norwegian kroner), Ritzau reports.

rekke tamil film No information has yet been released as to the identity of the buyer or buyers.

for the first time kc movie “We have owned 9.88 percent of SAS and have made it known for some time that we did not see ourselves as long-term owners,” Isaksen told Norwegian broadcaster mind over body.

helper electrical trs Speaking on NRK's Nyhetsmorgen programme, the minister said that justification for Norwegian state ownership of SAS had changed.

motorbike games for pc “We ensure that there are flights to where people live in a completely different way today. The other reason is that the government's position is that ownership in the private sector is important but there must be a special reason for it,” he said.

veske til hardangerbunad “When there is no longer any reason for us to own, we sell our share,” he continued.

annerledes av ingunn holmen SAS was founded in 1946 as a joint Scandinavian effort to increase air traffic between the Nordic region and North and South America.

paris le grand hotel The minister went on to say that he did not believe the sale would affect Norwegian jobs.

jobb i sikte “We owe shares for various reasons. We own a lot of Equinor [petrol and energy company, formerly Statoil, ed.] because we want the base of the company to be in our country, but the ownership of SAS has been about getting as much as possible for our investment,” he said.

engelsk søknad eksempel After a number of difficult years for SAS, the airline has seen a recent upturn in fortunes with profits of 1.4 billion Swedish kronor announced last year.

jones veterinary nursing With the government's main objective ensuring a return for its share, it was expected that a sale would come soon, Prime Minister Erna Solberg said to talwalkars share price bse on Tuesday.

minosolifestyle gurgaon sector 48 “Our assessment is that this is a very reasonable price compared to the value of other airlines. It was a good and correct time to sell,” Isaksen said to the broadcaster.

vannet under svinesundbrua johnny jensen as READ ALSO: spør om gotderi

Get notified about breaking news on The Local
fransk familie forsvunnet

Share this article

neustadt in holstein tourist Popular articles

Advertisement

From our sponsors

Podgora: Something for everyone on the Croatian coast

stoltzekleiven opp 2017 No matter whether you're into hiking, cultural exploration, sports or pure beach relaxation, Podgora is your perfect destination this summer.

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement