Go Back  FlyerTalk Forums > Miles&Points > Airlines and Mileage Programs > SAS | EuroBonus
Reload this Page >

Trading with SAS shares halted on rumours that LH is buying it.

Register
Community
Wiki Posts
Today's Posts
Search

Trading with SAS shares halted on rumours that LH is buying it.

Thread Tools
 
Search this Thread
 
Old Sep 12, 2008, 5:53 am
  #1  
Original Poster
 
Join Date: Feb 2004
Location: Helsinki, Finland
Posts: 2,395
Trading with SAS shares halted on rumours that LH is buying it.
"09/12/2008 13:41

Equities: Trading halt in SAS AB (198/08)


The Exchange has decided to halt the trading in SAS ABīs shares (ISIN code, SE0000805574 and Order book ID, 13557) until further notice. Information is expected later.

The Swedish Financial Supervisory Authority has been notified and in accordance with Chapter 22, section 2 of the Securities Markets Act (2007:528) decided that this trading halt shall remain until further notice"
Helsinki Flyer is offline  
Reply
Old Sep 12, 2008, 5:56 am
  #2  
 
Join Date: Mar 2001
Location: Copenhagen
Programs: EBS
Posts: 729
Originally Posted by Helsinki Flyer
"09/12/2008 13:41

Equities: Trading halt in SAS AB (198/08)


The Exchange has decided to halt the trading in SAS ABīs shares (ISIN code, SE0000805574 and Order book ID, 13557) until further notice. Information is expected later.

The Swedish Financial Supervisory Authority has been notified and in accordance with Chapter 22, section 2 of the Securities Markets Act (2007:528) decided that this trading halt shall remain until further notice"
sorry only in danish

http://borsen.dk/transport/nyhed/140235/

http://borsen.dk/finans/nyhed/140243/
bjerregaard is offline  
Reply
Old Sep 12, 2008, 7:16 am
  #3  
 
Join Date: Dec 2005
Location: HEL
Programs: Hilton Diamond, Bonvoy Titanium, AY Gold, BA Gold, TK Gold, ITA Executive Elite+, IHG Diamond AMB
Posts: 258
Bye-Bye Eurobonus and welcome Miles&More:

According to Finnish economics newspaper Kauppalehti SAS and Lufthansa shall build a strong union together and join their marketing, sales and frequent flyer program and airport services.

"Yhtiöt yhdistävät markkinointinsa, myyntinsä, kanta-asiakasohjelmansa sekä lentokentillä tapahtuvat palvelut. "
Last edited by Q400; Sep 12, 2008 at 7:29 am Reason: typo
Q400 is offline  
Reply
Old Sep 12, 2008, 7:28 am
  #4  
Original Poster
 
Join Date: Feb 2004
Location: Helsinki, Finland
Posts: 2,395
oh no. I donīt want to start paying fuel surcharges for award tix.
Helsinki Flyer is offline  
Reply
Old Sep 12, 2008, 7:37 am
  #5  
esv
 
Join Date: Apr 2005
Location: STO/DUS
Posts: 394
Is there any other source that confirms this? According to Swedish media SAS will comment on the rumours later this afternoon.

Edit: found this vague half-confirmation on sasgroup.net

Regarding today's speculations in the media SAS confirms that it is in the process of evaluating various structural possibilities for the Group. Within this process SAS is conducting talks about a possible structural solution.

It must be emphasized that no decision has been taken.
esv is offline  
Reply
Old Sep 12, 2008, 8:15 am
  #6  
 
Join Date: Sep 2005
Location: BOM-SIN-EWR
Programs: UA*G (1K again), Sixt Plat, *was*: SQ QPP01 & SK EBS/EBG, LH SEN, AA EXP, 9wPlat
Posts: 8,606
Being discussed in the BD forum: http://www.flyertalk.com/forum/showthread.php?t=766552
SuperFlyBoy is offline  
Reply
Old Sep 12, 2008, 8:20 am
  #7  
 
Join Date: Feb 2003
Location: Denmark, SK*G ( EBD), BA (silver), FB (Silver)
Posts: 489
Originally Posted by esv
Is there any other source that confirms this? According to Swedish media SAS will comment on the rumours later this afternoon.

Edit: found this vague half-confirmation on sasgroup.net
Yes on Scandinavian.net now:

Statement regarding speculations on the future structure of the SAS Group

Regarding today's speculations in the media SAS confirms that it is in the process of evaluating various structural possibilities for the Group. Within this process SAS is conducting talks about a possible structural solution.

It must be emphasized that no decision has been taken. For further information, please contact
Sture Stölen , Head of SAS Group Investor Relations +46 8 797 1451 SAS Group Investor Relations

Wow.. personally I think this is a good thing - for too long things have been going down hill. Hope this will keep a good SAS flying - like the improvement seen in Swiss after their merger....
GreatDane is offline  
Reply
Old Sep 12, 2008, 8:57 am
  #8  
FlyerTalk Evangelist
 
Join Date: Jun 2005
Location: Point Place, Wisconsin
Programs: LH HON, BA Gold, EK Gold
Posts: 14,505
LH does not have a magic wand to fix SK!
Rambuster is offline  
Reply
Old Sep 12, 2008, 9:58 am
  #9  
 
Join Date: Apr 2005
Location: The Baltic Sea
Programs: AY, BT, DY and SK. Scandic, Radisson, Marriott and HHonors. ClubONE
Posts: 5,890
Originally Posted by Helsinki Flyer
oh no. I donīt want to start paying fuel surcharges for award tix.
Same here. Note to self: time to start planning some future holidays.

What kind of warning will they give us? Half a year to spend your points under the old rules?
tsastor is offline  
Reply
Old Sep 12, 2008, 10:01 am
  #10  
 
Join Date: Apr 2005
Location: The Baltic Sea
Programs: AY, BT, DY and SK. Scandic, Radisson, Marriott and HHonors. ClubONE
Posts: 5,890
OTOH LH FTL (*S eqv) includes lounge access in LH lounges...
tsastor is offline  
Reply
Old Sep 12, 2008, 10:15 am
  #11  
 
Join Date: Sep 2005
Posts: 1,776
Well, probably not a bad thing looking at how the group is doing. Hopefully they will lower Senator threshold for Norway
view is offline  
Reply
Old Sep 12, 2008, 11:34 am
  #12  
FlyerTalk Evangelist
 
Join Date: Nov 2004
Location: Denmark
Programs: TK Elite
Posts: 11,846
Originally Posted by view
Well, probably not a bad thing looking at how the group is doing. Hopefully they will lower Senator threshold for Norway
Don't get your hopes too high. For all other countries (except DE) it is 100K points to get SENATOR/GOLD status and I doubt LH will make any exceptions to that rule. Why should they? The threshold of 100K for SEN will significantly reduce the numbers of *G in Scandinavia. Norwegians will get a shock!

I welcome a merger of EB and M&M. I look forward to my accounts being merged =lots of points in one account There are many good things about M&M, in particular if you are SEN (e.g. waitlisting for I and O class, 50% reduction for SEN Comp. awards, no expiry of miles comes to mind) but certainly the 100K threshold for SEN and lots of taxes, fees etc on awards are the major drawbacks.
Last edited by SK AAR; Sep 12, 2008 at 11:49 am Reason: one more advantage added
SK AAR is offline  
Reply
Old Sep 12, 2008, 11:39 am
  #13  
 
Join Date: Jun 2002
Location: London, UK
Programs: BA Gold(OWE), QF LTG, MR Plat, IHG Spire, Hertz PC
Posts: 8,156
If this does eventuate, this will mean of course that LH own's 50% - 1 share of BD. It also means that LH will own 100% of JK.
Traveloguy is offline  
Reply
Old Sep 12, 2008, 11:50 am
  #14  
 
Join Date: Sep 2005
Location: BOM-SIN-EWR
Programs: UA*G (1K again), Sixt Plat, *was*: SQ QPP01 & SK EBS/EBG, LH SEN, AA EXP, 9wPlat
Posts: 8,606
Originally Posted by tsastor
OTOH LH FTL (*S eqv) includes lounge access in LH lounges...
LH Biz lounges only...still not too bad these days!
SuperFlyBoy is offline  
Reply
Old Sep 12, 2008, 2:19 pm
  #15  
 
Join Date: Sep 2006
Location: HAM, NYC
Programs: UA Plat, LH SEN(RIP)
Posts: 371
Originally Posted by SuperFlyBoy
LH Biz lounges only...still not too bad these days!
Not only LH, but all M&M's airline's biz lounges, plus most of the times contract lounges at outstations when flying LX or OS.
FelixB is offline  
Reply



Advanced Search
Reply Closed Thread Share
Forum Jump

Contact Us - Manage Preferences - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

This site is owned, operated, and maintained by MH Sub I, LLC dba Internet Brands. Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Designated trademarks are the property of their respective owners.