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December 2023

SAS headed for Star Alliance exit

SAS Scandinavian Airlines is another step closer to leaving bankruptcy in the hands of new owners and leaving its long-time Star Alliance membership for the SkyTeam alliance, where it will join KLM/AirFrance, which will now own 20% of SAS. The bankruptcy case, which was filed in the U.S., was in court late last month to receive approval of its bankruptcy plan, which includes $1.2 billion in new financing, and changes in ownership which will leave the Danish state holding 26% and U.S.

Two cities get EU 'Capital' designation

Lisbon and Dublin have just won honors from the European Commission, with Lisbon designated for 2024 as the European Capital of Innovation and Dublin as the Capital of Smart Tourism. The awards are among a number of annual honors for which cities compete; each comes with publicity and support, including some financial, to continue the programs that won them the award. Dublin, which beat out 29 other entrants from 17 countries, was cited, among others for two of its museums, 14 Henrietta...

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