World Business: An SAS of the East?

The Scandinavian Airlines System, jointly owned by Denmark, Sweden and Norway, is a rare example of several countries cooperating in a single transport commercial enterprise. Before long, the world may have another example. Exploratory talks are now being held among representatives of Pakistan, Turkey and Iran about the possibility of establishing a joint three-nation air system similar to SAS. A final decision will be made within a year, and the decision is expected to be yes.

Each of the three would continue to operate its internal routes, but international flights to such points as Vienna, Rome, Geneva, Athens and Frankfurt would become...

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