SAS Spanair breaks their agreement to codeshare

The Catalan capital Spanair airline will finish to fly in code share with its partner and shareholder Scandinavian Airlines (SAS). According to specialized media, SAS has been who has broken the covenant of routes shared by the low profitability of the agreement. As explained by Spanair, however, it is she who has killed the deal because the Norse would not revise downward the economic agreement related to the routes.

If SAS could go back to 2004, probably would not take the decision to be with Lufthansa but as time machines since there are no leads to huge headaches because of that investment in the Spanish airline, although they fell dramatically after is the 'put' to investors Catalan (later found so much of itself Generalitat) in 2009. However, SAS was left with a 10 percent ownership of Spanair, something we are not proud because they say that percentage were to hurt their bottom line in the red for the airline and the black future the augur.

That is why the breaking of the codeshare agreement which meant that if a customer bought by Spanair flying between Barcelona and Stockholm, for example, could end up either on a plane this company or SAS. Both companies had more than schedules and routes. "Now each will develop its own sales strategy," said a spokesman for Spanair, recalling that both remain with Star Alliance.

SAS is currently owns about 10% of Spanair. In the final presentation of their accounts, SAS said that it had financial provisions to address a hypothetical bankruptcy of a partner.