Changes

==History==

==History==

SAS Group was established after the merger of the national flag carriers of Denmark, Norway and Sweden, the Danish Aviation Company A/S (DDL), the Norwegian Aviation Company A/S (DNL) and the Swedish Inter Continental Air AB (SILA) in 1946. The current SAS Group was officially created in 1951. In 1957, SAS was the first airline company to offer the first around the world flight, Copenhagen-Anchorage-Tokyo via North Pole. The company joined the Star Alliance Network in 1997. SAS Group was listed in the Stockholm, Copenhagen and Oslo Stock Exchanges under the ticker symbol "SAS" In 2003, SAS Group established the SAS Scandinavian Airlines Denmark, Scandinavian Airlines SAS Sweden, SAS Braathens and SAS Scandinavian Airlines International as independent business units. In 2011, the company was recognized as the most punctual airline in Europe for the third consecutive year and launched its 4Excellence Strategy. <ref>[http://www.sas.dk/da/Om-SAS-Danmark2/Historie/?vst=true SAS History]</ref> The SAS Group Timeline of Events is available [http://www.sas.dk/da/Om-SAS-Danmark2/Historie/?vst=true '''here''']

SAS Group was established after the merger of the national carriers of Denmark, Norway, and Sweden in 1946. The current SAS Group was officially created in 1951. In 1957, SAS was the first airline company to offer the first around the world flight, Copenhagen-Anchorage-Tokyo via the North Pole. The company joined the Star Alliance Network in 1997. SAS Group is listed on the Stockholm, Copenhagen and Oslo Stock Exchanges under the ticker symbol "SAS". In 2011, the company was recognized as the most punctual airline in Europe for the third consecutive year and launched its 4Excellence Strategy. <ref>[http://www.sas.dk/da/Om-SAS-Danmark2/Historie/?vst=true SAS History]</ref> The SAS Group Timeline of Events is available [http://www.sas.dk/da/Om-SAS-Danmark2/Historie/?vst=true '''here''']

==Subsidiary Companies==

==Subsidiary Companies==