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Current News

Week 11: 14. - 20. March 2005
18.03.2005 SN Brussels Airlines opens three new destinations: Direct flights to Jersey, Bari and Cork from Brussels this summer
17.03.2005 Scandinavian Airlines launches the next generation airline seat
15.03.2005 SAS Group signs strategic agreement with Carlson Companies
14.03.2005 Lufthansa and SWISS in integration negotiations

18.03.2005
SN Brussels Airlines opens three new destinations: Direct flights to Jersey, Bari and Cork from Brussels this summer
SN Brussels Airlines offers direct flights to three new tourist destinations this summer. In July and August, SN will head to the European cultural capital Cork, to Jersey in the Channel Islands, and to Bari in southern Italy. SN is the only airline to offer a direct service to these popular destinations, with full-service return flights starting from € 114 including tax.

Cork
The South Irish city Cork sparkles with energy this summer. Cork was declared the Capital of Culture of 2005 for a good reason. This results in an impressive cultural offer consisting of exhibitions, dance, architecture, theatre, literature and music. The easy website www.Cork2005.ie gives a total overview of al events that take place in the city this summer. The city also houses an entire range of attractions well worth seeing, for example the famous butter museum, the old prison (Old City Gaol), Blarney Castle and the Victorian English Market.

The Kerry Region, just west of Cork, is worth more than a visit. A thousand kilometres of stunning coastline is just waiting for watersports, climbing and walking enthusiasts, while the interior offers the fantastic scenery of the lake district.

SN will fly twice a week to Cork with an AVRO RJ in July and August. During the 2 hours flight a full service is offered onn board. Individual customers as well as groups are welcomed. At just 6 km distance, the airport is a stone’s throw of the city centre. Thanks to the flight days Monday and Thursday long weekend trips, midweeks, short breaks and full holidays are perfectly possible. Céad mile failte, hundred thousand times welcome to Cork this summer! SN offers a return ticket from € 121, all taxes and meals included.

Jersey
At the moment there is no direct flight from Belgium to the Channel Islands. Many Belgians, who yearly want to visit Jersey, had to fly to the flower island with a time-consuming transfer in Great Britain. This will change in July and August, thanks to the new SN Brussels Airlines flights. After one and a half hour flying, wonderful beaches, an overwhelming nature, impressive flora, great hospitality, delicious cooking and peace and quiet all await the visitor.

The Channel Islands, of which Jersey is the biggest, lie in the bay of St. Malo, just off the French Coast. Though it’s not very far, one still gets the feeling of being on the other side of the world. Jersey offers something for everyone and there is no mass tourism. For those who enjoy walking on the beach or in the forest, biking the green lanes, water sports or just taking it easy, Jersey is the perfect destination. The website www.jersey.com gives an excellent overview.

SN Brussels Airlines flies on Wednesday and Saturday direct to Jersey. The timetable allows short breaks and long holidays. SN offers a return ticket from € 124, all taxes and meals included. Book quickly.

Bari
Last summer SN Brussels Airlines offered, with great success, Naples as a new Italian destination. This summer SN adds a new South Italian destination, Bari, to its rich Italian offer. Bari could be reached directly from Brussels, until a few months ago, when another airline ended its activities. Thanks to SN Brussels Airlines, Bari, the heart of the Apulia Region, will be reconnected with the European capital. Good news for thousands of tourists and Belgian-Italian families that flew directly from Brussels to Bari last summer.

In popular speech Bari is sometimes called “The Milan of the South” because it houses the most important business activities and a lot of universities, as it is the capital of Apulia. But above all Bari is a tourist attraction. The historical city centre is a real labyrinth of little alleys and a castle, with an impressive cathedral and basilica.

The rest of Apulia- the heel of Italy - also attracts tourism. An impressive coastline with hundreds of kilometres of sandy beaches alternated with rocks and clefts are awaiting the tourist. The region, that describes itself as “Terra d’Arte, Cultura e Sapori” or “Land of Art, Culture and Tastes” is expecting an increase of 12% in visitors this year.

SN flies three times a week from Brussels to Bari in July and August. Flight days are Tuesday, Friday and Sunday. Return flights start at € 114, all taxes and full service included.Top

17.03.2005
Scandinavian Airlines launches the next generation airline seat

Beginning next year, passengers travelling with Scandinavian Airlines International will be able to sleep tight during flights to the US and Asia.

Scandinavian Airlines launches the next generation airline seats on March 17-19, at the yearly travel exhibition in Scandinavia. The modern design and functionality makes the airline seat comparable to - and works like - a proper bed. The new seats will be installed in business class in the beginning of 2006.

According to our customer surveys, many of our passengers request greater privacy accompanied with more comfort, says Lars Lindgren, Head of Scandinavian Airlines International. The new seats are a way of increasing the convenience for our passengers on board. The seats are both appealing and comfortable according to the studies we have made, and that is very satisfactory. The new seat permits better comfort and a more private space than traditional seats.

The total space for every passenger will increase and when the seat is folded out into sleeping position it will not interfere with passengers in the row behind. Besides the possibility for comfortable sleep in the seat, there are many exclusive features. The viewing screen, which is fixed in the seat in front, is extra large and includes a video with on demand-functionalities. This means that the passengers themselves can choose when to and how to use the entertainment supplied.

Also, there is a clever storage built-in the seats for lap-tops and maybe a bottle of water.Top

15.03.2005
SAS Group signs strategic agreement with Carlson Companies

SAS Group and Carlson Hotels Worldwide have signed an agreement whereby Rezidor SAS Hospitality Group achieves improved commercial terms and extension options until 2052 of its Master Franchise agreements (MFA) with Carlson in return for a 25% shareholding in Rezidor SAS by Carlson. The MFA is the agreement between Rezidor SAS and Carlson by which Rezidor manages the Carlson Hotel brands operated by Rezidor SAS under the brand names Radisson SAS, Park Inn and Regent throughout Europe, the Middle East and Africa.

The transaction will substantially increase the annual profitability of Rezidor as from the closing of the transaction, which is pending regulatory approval and is expected to take place in the first half of 2005. Under the improved terms of the transaction, and on a fully annualized basis for 2005, Rezidor SAS profitability before tax is estimated to be impacted positively by €11 m. This profit enhancement is expected to increase in the future as the business grows and its revenues increase. The transaction will have an immediate accretive impact on the SAS Group 2005 earnings.

"The SAS Group is very pleased to announce this agreement with Carlson Hotels Worldwide. The SAS Group will maintain the majority holding and control over Rezidor SAS, while also strengthening the strategic business platform of the company for the future", said Mr Jörgen Lindegaard, President and CEO of the SAS Group.

"Carlson Hotels Worldwide is a strategic partner within the global hospitality sector for Rezidor SAS. It will bring additional scale and profitability to Rezidor SAS and further enhance its development opportunities", said Mr. Gunnar Reitan, Executive VP & Deputy CEO of the SAS Group and Chairman of Rezidor SAS.

The deal will give Carlson two seats on the six-member board of Rezidor SAS.

14.03.2005
Lufthansa and SWISS in integration negotiations

Deutsche Lufthansa AG and Swiss International Air Lines AG are in constructive negotiations about the take-over and integration of SWISS into the Lufthansa group. Both companies jointly developed the business model, which is subject to the approval of the Lufthansa supervisory board, the relevant SWISS-corporate bodies as well as the SWISS core shareholders bound by the lock-up agreement. If the required approvals are obtained, Lufthansa will submit an offer to the free float shareholders based on the average share price of the recent weeks.

The jointly developed business model aims at providing a concentration of the strengths of both airlines, while retaining the independence of SWISS to the extent possible. The cornerstones include, inter alia, maintaining the air traffic infrastructure within Switzerland as well as the brand “Swiss”.

Both companies will inform about the progress of the negotiations in due time.Top

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