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SAS to leave Star Alliance and join SkyTeam [eff. 01 Sep 2024]

Old Oct 3, 2023, 2:27 pm
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SAS plans to leave Star Alliance and join SkyTeam

On the 3rd of October SAS announced further steps as part of their SAS FORWARD plan. SAS has raised nearly 12.9 billion SEK as part of their Chapter 11 restructuring process. This will mean current shareholders are wiped out and the company will be delisted.

The new owners include Air France-KLM, Castlelake, Lind Invest and the Danish state.

As such, SAS plans to leave Star Alliance and join Air France-KLM's Sky Team alliance by summer 2024.



FAQ:

What does this mean for EuroBonus?
  • Eurobonus members can still book travel on Star Alliance carriers until the end of the transition period.
  • Future affiliation with Air France-KLM's Flying Blue frequent flyer programme has not yet been decided.
  • In the meantime the agreement between SAS and the investing consortium includes a provision for preparations of merging EuroBonus into FlyingBlue once AF-KLM owns more than 50% of the outstanding shares. It thus seems very likely that EuroBonus will ultimately be merged into FlyingBlue, the timeline and details of this are, however, still unclear.

SAS EuroBonus FAQ:
On October 3rd 2023, SAS announced the intention to eventually join SkyTeam and leave Star Alliance. For now the EuroBonus program remains unchanged. SAS will keep you informed about what to expect over the coming months and will provide updates continuously on the EuroBonus website.

1. What will happen to EuroBonus?
  • No changes are being made to the program and EuroBonus will remain SAS's loyalty program. As a member, you will continue to earn and use points on SAS as today. Your status and benefits as a EuroBonus member when you fly with SAS will not be impacted. • Delivering an attractive loyalty program to SAS's loyal customers will remain the top priority for us and our new owners, even after SAS changes ownership and alliance. SAS intends to eventually leave Star Alliance and join SkyTeam, and adjustments to the program will be made accordingly. As long as SAS is a member of Star Alliance, EuroBonus members can continue to enjoy the same benefits as they do today when flying on a Star Alliance partner airline.

2. What will happen to my EuroBonus points?
  • No changes are made to your EuroBonus points. You will keep all points earned until now and will continue to earn and use points just like today.

3. What will happen to my EuroBonus tier status?
  • No changes are made to your EuroBonus tier status. You will retain your status and your progress made during your qualification period. Requirements to reach each tier level and benefits included in each tier remain the same.

4. What will happen to my EuroBonus Lifetime Gold status?
  • No changes are made to the EuroBonus Lifetime Gold program. EuroBonus Lifetime Gold memberships will be honored even after SAS joins SkyTeam, and all progress made towards Lifetime Gold will be kept.

5. Do I keep my status benefits when I travel on another Star Alliance partner airline?
  • While SAS remains part of Star Alliance, you will enjoy the same status benefits as you do today when you fly with a Star Alliance partner • When SAS eventually joins SkyTeam, you will also be able to enjoy similar status benefits across the extensive SkyTeam network.

6. Can I still earn points when I fly on another Star Alliance carrier?
  • While SAS remains part of Star Alliance, you will be able to earn EuroBonus Basic points when flying on a Star Alliance airline partner flights

7. What will happen to my existing Star Alliance award bookings?
  • Existing bookings remain unchanged and will be honored even if you fly after SAS eventually leaves Star Alliance

8. Can I still use my points to redeem on other Star Alliance carriers?
  • While SAS remains part of Star Alliance, we will allow you to use EuroBonus points to book Star Alliance award trips

9. Can I still earn points on credits cards and other non-airline partners?
  • Yes

10. Can I still use my EuroBonus points on non-airline partners such as rental cars or hotels?
  • Yes
11. What about other Star Alliance partner members flying on SAS?
  • While SAS remains part of Star Alliance, members of other Star Alliance member programs will keep their status benefits while flying on SAS, and will be able to spend their miles/points on SAS flights

Will there be opportunities to match with other programs to remain in *A?
  • Most likely yes, but it will have yet to be seen what opportunities will present itself.

Will AF - KLM take over control of SAS?
  • After a minimum of two years and pending regulatory permission, AF - KLM may increase its stake to grant it controlling power over SAS. However, the current situation indicates that there are agreements within the consortium, which would de facto give AF - KLM control with regards to certain aspects of SAS operations (as seen by the announcement to leave *A and join ST).

What is the ratio of the new ownership?
  • Castlelake: 32%
  • AF - KLM: 19.9%
  • Danish State: 25.8%
  • Lind Invest: 8.6%
  • Remaining equity to be distributed to existing creditors.

What happens to existing SAS shares?
  • This process makes current SAS shares lose their value. Some existing shareholders expressed displeasure about the decision and are questioning wether an American court can rule on making existing shares of SAS lose their value. It remains to be seen if legal action is taken.

Will SAS change their HUB strategy or move their HQ to Denmark?
  • This is as of yet unconfirmed but it seems likely that SAS might focus on CPH and move its HQ.

Will SAS join the SkyTeam transatlantic Joint Venture?
  • This is the stated goal of AF-KLM CEO, but will require regulatory approval.

How was this decided?
  • There was a bidding process and two bids were received. Private Equity company Apollo Global Invest had expressed interest in taking control of the airline.
  • The decision on the bids was taken roughly 30 minutes before the press conference on October 3rd as stated by Dilling.

What is the process now?
  • Nothing changes immediately. As of now SAS is still a member of Star Alliance and will continue to operate normally for the foreseeable future.
  • The announcements made today reflect the future plans, which are subject to approval by many different entities and regulatory bodies. These include the courts in the US to approve the Chapter 11 process, courts in Sweden which will have to approve the restructuring (and invalidation of shares), as well as the following, as taken out of the SAS press release: "(...) antitrust authorities, civil aviation authorities, the European Commission, and EFTA Surveillance Authority (as applicable), SAS leaving Star Alliance, the implementation of a Swedish Reorganization at the SAS AB level, and other customary conditions. There currently remains uncertainty in respect of satisfying such conditions and obtaining required approvals (...)".
  • We should hear more about if this is going through in the next couple of weeks.
  • SAS plans to exit Chapter 11 in Q2 2024 and leave Star Alliance and join SkyTeam before summer 2024.

Sources and links:

- SAS Press Release
- Communication E-Mail sent to EB members can be found in Post 114
- E24 (Information with regards to EuroBonus. Thanks to matin for the find in Post 64)
- Reuters
- AF-KLM Press Release
- SAS EuroBonus FAQ (Thanks again to matin for the find in Post 237)
- DInside on Merger of EuroBonus into FlyingBlue (Thanks to Frederik74 for the find in Post 473)
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SAS to leave Star Alliance and join SkyTeam [eff. 01 Sep 2024]

Old Mar 20, 2024, 3:34 pm
  #691  
 
Join Date: Sep 2012
Location: AGH
Posts: 5,959
Originally Posted by nacho
Those in the US 3 lounges are actually able to rebook people and tell if there is going to be an empty seat next to you, so it's a bit more than that.
Same for LH/LX/OS lounge staff… never go to the customer service center, always to the Senator lounge.

Also for mundane things like getting a different seat since your company cheaped out and booked a LH eco light ticket which put you in 55B without a chance to change yourself without paying…
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Old Mar 20, 2024, 3:51 pm
  #692  
 
Join Date: May 2008
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Originally Posted by copperred
2) In many airports and on some airlines, particularly in the US and Canada the lounge staff are some of the most skilled at knowing the ins and outs of an airline's business.
While this is true for normal airline operations, the current question depends on a lot of juridical variables, such as judges lifting chapter 11, SAS negotiating to leave Star Alliance, EU allowing the AF purchase of SK, etc. etc. You need a set of skilled airline lawyers, with intimate background knowledge, just to make an educated guess.
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Old Mar 21, 2024, 7:12 am
  #693  
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Originally Posted by fassy
Same for LH/LX/OS lounge staff… never go to the customer service center, always to the Senator lounge.

Also for mundane things like getting a different seat since your company cheaped out and booked a LH eco light ticket which put you in 55B without a chance to change yourself without paying…
Do you think there is a difference in their attitude if you speak German to them or English? Mr. can speak German but he said if he speak English it's difficult for non-native speakers to say no.
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Old Mar 21, 2024, 8:36 am
  #694  
 
Join Date: Sep 2012
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Originally Posted by nacho
Do you think there is a difference in their attitude if you speak German to them or English? Mr. can speak German but he said if he speak English it's difficult for non-native speakers to say no.
Not sure, I usually speak German with them. Actually, I think never tried English.

From my observation, the biggest difference is the attitude. If you approach them with a "I am the customer and you are my servant"-attitude, they often lock down and just do the bare minimun they are required to do. If you are humble, nice, friendly and approach them with an innocent smile and ask for help, I have never been turned down. But often I see people approaching the lounge agents in FRA with a DYKWIA-attiutde, being rude and pushy and in turn get little service. And of course, some lounge agents are also not nice people.

But they do have the proper tools and knowledge to make things happen. E.g. in CPH, don't go to the gate for the upgrade with points on the next flight to the US. Can be done downstairs at the business lounge desk just fine.
the810, nacho, SK2751 and 1 others like this.
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Old Mar 22, 2024, 10:32 am
  #695  
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Mr. is never that kind of person. I haven't made any request like that at LH lounge yet but when I asked them questions they seemed to be very nice.
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Old Mar 23, 2024, 7:55 am
  #696  
 
Join Date: Jul 2014
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My thread "got lifetime gold? where will they put us on the flying blue" and if anybody has actually used the status match link got put in a discussion about what lounge staff can do for me...ok, ho hum, I guess it made sense to somebody.
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Old Mar 23, 2024, 10:08 am
  #697  
 
Join Date: Jun 2015
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Originally Posted by nussle
My thread "got lifetime gold? where will they put us on the flying blue" and if anybody has actually used the status match link got put in a discussion about what lounge staff can do for me...ok, ho hum, I guess it made sense to somebody.
I assume the housekeeping was done in several steps and your posts are actually in the following appropriate thread: EuroBonus to merge into FlyingBlue? [Unconfirmed]
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Jainzar is online now  
Old Mar 23, 2024, 1:54 pm
  #698  
 
Join Date: Aug 2015
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Originally Posted by thefilipinotraveler
I visited the SAS Gold Lounge in Stockholm today and asked one of the agents about the transition, sadly they still do not know any specific date. We are flying Stockholm to Rome with SAS in June/July and are hoping we could use the Star Alliance Lounge in Rome.
The lounge in Rome is closed anyways
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Old Mar 24, 2024, 1:06 am
  #699  
 
Join Date: Nov 2013
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Originally Posted by chrini1
The lounge in Rome is closed anyways
That´s not good news And I guess SAS does not give lounge access to third party lounges.
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Old Mar 24, 2024, 1:52 am
  #700  
 
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Originally Posted by thefilipinotraveler
That´s not good news And I guess SAS does not give lounge access to third party lounges.
Tjey stopped third party lounge access quite a few years ago.

If you have Priority Pass that's probably your best bet.
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Old Mar 24, 2024, 12:05 pm
  #701  
 
Join Date: Sep 2010
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Originally Posted by chrini1
The lounge in Rome is closed anyways
I'm transfering through FCO next week and was looking forward to visiting the lounge there as I've been before. I just checked the Star Alliance Lounge Finder and they show it as being temporarily closed. My bad luck.
Amexpat is offline  
Old Apr 2, 2024, 6:46 pm
  #702  
 
Join Date: Mar 2024
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What happens to paid flights booked through SAS that are operated by Star Alliance?

I was about to book SAS Oslo to Singapore late in the year because the Copenhagen to Singapore leg is saying it’s operated by Singapore Airlines. If SAS is planning to have left Star Alliance by mid year does this mean I would lose the booking on the Singapore Airlines and instead be switched to another carrier? I was only planning to book with SAS for the ability to fly on Singapore Airlines for a much better price.
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Old Apr 2, 2024, 6:53 pm
  #703  
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Originally Posted by timothy.stout
I was about to book SAS Oslo to Singapore late in the year because the Copenhagen to Singapore leg is saying it’s operated by Singapore Airlines. If SAS is planning to have left Star Alliance by mid year does this mean I would lose the booking on the Singapore Airlines and instead be switched to another carrier? I was only planning to book with SAS for the ability to fly on Singapore Airlines for a much better price.
Your booking will be honoured as it is, but if SK has left Star Alliance, you will likely not earn points on Eurobonus for the flight, but would need to credit to another FFP that is in Star Alliance.
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Old Apr 3, 2024, 3:07 am
  #704  
 
Join Date: Oct 2011
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Originally Posted by timothy.stout
I was only planning to book with SAS for the ability to fly on Singapore Airlines for a much better price.
This is still a great reason to fly SQ regardless of SK's alliance affiliation at the time. It doesn't sound like mileage earnings are a concern. Your booking would remain intact regardless of when SK formally transitions to ST.
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Old Apr 3, 2024, 3:41 am
  #705  
 
Join Date: Feb 2020
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Originally Posted by timothy.stout
I was about to book SAS Oslo to Singapore late in the year because the Copenhagen to Singapore leg is saying it’s operated by Singapore Airlines. If SAS is planning to have left Star Alliance by mid year does this mean I would lose the booking on the Singapore Airlines and instead be switched to another carrier? I was only planning to book with SAS for the ability to fly on Singapore Airlines for a much better price.
SAS needs to honor your booking, I have booked on SAS once as it was cheaper compared to directly om SQ.

However I would perhaps consider FF point directly on SQ as converting EB to krisflyer miles might not be good.
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