SAS Sells Heathrow Slot For $60m

Scandinavian Airlines (SAS) has sold one of its 21 pairs of slots at London Heathrow Airport for $60m.

Scandinavian Airlines (SAS) has sold one of its 21 pairs of slots at London Heathrow Airport for $60m.

The unnamed buyer will take over the slot-pair from March 31. SAS said the sale was completed as it could maintain seat capacity to and from Heathrow by using larger aircraft.

The airline said it was considering flying from other London airports.

SAS also announced this week that is a step closer to completing its $3m acquisition of Danish regional carrier Cimber after receiving approval from Danish competition authorities on Monday (February 2).

TAGS: Europe
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