Lufthansa plans to acquire SAS29 December 2010
German airline Lufthansa may announce takeover plans for SAS as early as the first half of 2011. Cologne-based Lufthansa is in talks with the governments of Sweden, Denmark and Norway, which own half of the unprofitable Stockholm-based carrier.
The potential acquisition would strengthen Lufthansaâ€™s central-European dominance. It would also offer shorter polar flights from Scandinavia to Canada and northern United States.