Will SAS be acquired by Qatar or Lufthansa?

SAS – which used to be one of my favourite airlines – needs new owners with access to larger markets and with financial muscle.

Lufthansa was – and still is – the most likely buyer. But in the last 2 days the rumors of interest from Qatar have been driving up the SAS share price. Of course the rumors have been denied.

But  SAS is unsustainable as it is and  something is due to happen with SAS ownership this year. And my guess would be that the clear fit and benefits would point to Lufthansa rather than Quatar.

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