Braathens [SEP] parent company
with Boeing 737-400 and -500 and domestic deregulation of the airline market was introduced. Braathens followed up by listing itself on the Oslo Stock Exchange, joining an alliance with Dutch airline KLM and expanding its operations to Sweden through purchasing Transwede and Malmö Aviation. The 1998 opening of Gardermoen resulted in an intense price war with SAS and Color Air, from which Braathens never recovered financially. Braathens was controlled by Braganza until 2001, when it was sold to the SAS Group. Braathens merged with SAS Norway on 1 May 2004.
age in 1959 when the Sud Aviation Caravelle entered service, with the Douglas DC-8 then joining the fleet the next year. In 1971, SAS put its first Boeing 747 jumbo jet into service.
History Acquisition of local airlines.
SAS gradually acquired control of the domestic markets in all three countries by acquiring full or partial control of local airlines, including Braathens and Widerøe in Norway; Linjeflyg and Skyways Express in Sweden; and Cimber Air in Denmark. In 1989, SAS acquired 18.4% of Texas Air Corporation, parent company