Founding wearing SAS' late 1940s-style markings The airline was founded on 1 August 1946, when
Svensk Interkontinental Lufttrafik AB (an airline owned by the Swedish
Wallenberg family),
Det Danske Luftfartselskab A/S, and
Det Norske Luftfartselskap AS (the
flag carriers of Denmark and Norway) formed a partnership to handle the
combined air traffic of the three
Scandinavian countries. The first president of SAS was
Per Norlin. On 17 September 1946, operations started under the new entity and the first international service was conducted between Stockholm and New York. Within a half-year, SAS set a new record for carrying the heaviest single piece of air cargo across the Atlantic on a scheduled passenger airliner, by shipping a 1,400-pound electrical panel from New York to the
Sandvik company in Sweden. In 1948, the Swedish flag carrier AB
Aerotransport joined SAS and quickly coordinated its European operations between both carriers. Three years later, the companies formally merged to form the SAS Consortium.
Transpolar route During 1954, SAS became the first airline to commence scheduled flights on a
polar route, flying
Douglas DC-6Bs from Copenhagen to Los Angeles with stops in Søndre Strømfjord (now
Kangerlussuaq) in Greenland and Winnipeg in Canada, pioneering a commercial route that marked a milestone in transpolar aviation history. Prior to the delivery of its first 747s, SAS had formed the KSS maintenance consortium with
KLM and
Swissair in 1969 to provide a maintenance pool and standardize aircraft specifications for the three airlines' 747 fleets. The consortium later incorporated
UTA and was renamed into KSSU to jointly acquire and maintain
McDonnell Douglas DC-10 widebody trijets. In 1982, SAS was recognised as the most punctual airline operating in Europe at that time. However, months of negotiations towards this ambitious merger ultimately collapsed due to multiple unsettled issues; this strategic failure heavily contributed to the departure of Carlzon that same year and his replacement by Jan Reinås. In June 2001, the ownership structure of SAS was changed, with a holding company being created in which the holdings of the governments changed to Sweden (21.4%), Norway (14.3%), and Denmark (14.3%), while the remaining 50 percent of shares were publicly held and traded on the
stock market. During January 2009, an agreement to divest more than 80 percent of the holdings in Spanair was signed with a
Catalan group of investors led by Consorci de Turisme de Barcelona and Catalana d'Inciatives. These changes reportedly reduced the airliner's expenses by around 23 per cent between 2008 and 2011. During 2017, SAS announced that it was forming a new airline,
Scandinavian Airlines Ireland, operating out of
Heathrow Airport and
Málaga Airport to fly European routes on its parent's behalf using nine Airbus A320neos. SAS sought to replace its own aircraft with cheaper ones crewed and based outside Scandinavia to compete better with other airlines. The Swedish Pilots Union expressed its dissatisfaction with the operational structure of the new airline, suggesting it violated the current labour-agreements. The Swedish Cabin Crew Union also condemned the new venture and stated that SAS established the airline to "not pay decent salaries" to cabin crew. In 2018, SAS announced that it had placed an order for 50
Airbus A320neo narrow-body jetliners to facilitate the creation of a single-type fleet. That same year, the Norwegian government divested its stake in the airline. In July 2021, the European Commission approved a Swedish and Danish aid measure of approximately US$356 million to support SAS. In September 2021, SAS announced that it would establish two operating subsidiaries; SAS Connect and SAS Link, with its existing
SAS Ireland subsidiary to be rebranded as the new SAS Connect, while SAS Link would initially operate the airline's Embraer E195 aircraft, and the operations of both companies to begin by early 2022.
2022–2024: Sweden's exit, Air France-KLM entry and alliance shift Following little progress with SAS's restructuring plan, SAS Forward, the Swedish government announced on 7 June 2022 that Sweden, which owns 21.8% of the company, would not inject new capital into SAS and that it did "not aim to be a long-term shareholder in the company". The airline filed for
Chapter 11 bankruptcy protection in the United States on 5 July 2022. In September 2022, SAS announced it was returning at least ten aircraft to lessors, including five long-haul aircraft - amongst them two barely two year old Airbus A350s. This measure is a result of the closure of Russian airspace for flights to Asia which caused a severe drop in demand and efficiency. As of November 2022, SAS announced it was searching for a buyer for one of their
Airbus A350 aircraft. In October 2023, it was announced that
Air France–KLM would be investing alongside the Danish government and two investment firms (Castlelake and Lind Invest) in SAS, with the airline group buying up to 20% of SAS shares following the airline's ongoing Chapter 11 process in the United States. With the investment (if approved by the EU Commission, and respective US and Swedish courts), SAS left Star Alliance and joined
SkyTeam alongside Air France–KLM. On 19 March 2024, US Bankruptcy Court approved the new restructuring plan and investment, allowing SAS to exit Chapter 11 by mid 2024. It also applied for company reorganization in Sweden on 27 March. announced it would leave
Star Alliance by 31 August 2024, becoming a SkyTeam member the next day, as confirmed on 29 April. On 12 June, Stockholm District Court announced that it will held a hearing for the company reorganization on 12 July, eventually approving it on 19 July. On 28 June, European Commission announced that it approved the restructuring plan. In September 2024, Scandinavian Airlines announced it would terminate its wet-leasing contract with
Xfly by November 2024. On 17 September 2024, SAS announced a partnership with
Braathens Regional Airlines (BRA), designating them as a subcontractor to operate flights from
Stockholm Arlanda Airport starting in 2025, with BRA announcing it would cease operating its own domestic flight network from
Stockholm Bromma Airport. This collaboration, valued at approximately SEK 6 billion over seven years, aims to strengthen SAS's domestic network in Sweden, increasing daily departures to destinations such as
Visby,
Gothenburg,
Malmö, and
Luleå. On 18 September 2024, just a month after the completion of the restructuring, SAS announced expansion of the route network from Copenhagen Airport with 15 new destinations from Summer 2025. Following the new ownership structure, the airline will focus on positioning the airport as the airline's main hub for international travel. On 4 July 2025, Air France-KLM announced its intention to increase its stake in SAS’s share capital from 19.9% to 60.5%. ==Corporate affairs==