BNET Industries

SAS AB

(SAS AB) is in the Transportation Industry

Last Fiscal Year Sales:$7.9B
  • Public
  • US
Dow Jones Description

SAS will never have to say SOS. Founded in 1946 and headquartered in Stockholm, Sweden, SAS AB (STO: SAS) is Scandinavia's largest airline group. The company serves 770 destinations around the world, about 140 in its home region. Its airline support businesses offer handling and airport services. Its hotels division operates about 190 hotels in over 40 countries, branded Radisson SAS, Park Inn, Regent, Country Inn and Cerruti. The company has annual revenue of about $8 billion and employs about 31,528 people. In 2006, it sold 67% of SAS Component for about $315 million to Singapore Technologies Engineering.

Number of Employees 22,800
Contact Information

Frosundaviks Alle 1

Stockholm

(46) 87970000

NAICS Code Scheduled Freight Air Transportation: 481112

Recent Events

  • BRIEF-Moody's cuts SAS AB corporate family rating to Caa1

    11/12/09 - Bond / Stock Rating - View Story

  • BRIEF-RESEARCH ALERT-Citigroup cuts British Airways to hold

    9/24/09 - Bond / Stock Rating - View Story

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