Friday, February 15, 2008

Bidding for Spanair ends today

The Swedish airline SAS has announced that today is the last day in which offers for the Spanish airline Spanair can be presented within the bidding process for the sale of the airline.

The assistant director of communications for SAS, Claus Sonberg, has refused to comment on the level of offers received so far saying that is was a ‘confidential process’.

The Swedish airline said it regretted that Marsans had withdrawn its bid. The
president of the Spanish tourism consortium, Gonzalo Pascual, said that the decision had been taken due to the difficult situation in the air transport market in Spain and because it was expecting to agree another deal with SAS.

The Spanish airline Iberia is bidding for 100% of Spanair, together with the group Gestair.
posted by Euroresidentes at 5:38 PM

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