SAS Danmark A/S is a holding company. Through its associated companies, the company is engaged in air transportation, hotel operations, and property leasing. Through its associated companies SAS and SAS Commuter Consortia, the company is engaged in air transport activities and various other activities, in accordance with the consortium agreement with DNL in Norway and SAS Sverige (ABA) in Sweden, in the proportion of 2/7 the company, 2/7 DNL, and 3/7 ABA. Through its associated company SAS, the company is engaged in air transport with domestic routes in Denmark, Norway and Sweden, inter-Scandinavian routes, routes to Europe, the Baltic countries, North America, and to the Middle East and Asia. Through its associated company SAS International Hotels, the company is engaged in the operation of hotels in Europe and the Middle-East. The company's direct business activities involve the leasing of a hangar and a repair shop at Copenhagen Airport to SAS, and the leasing of the property on which Radisson SAS Royal Hotel in Copenhagen is located. As of June 28, 2001, SAS Danmark A/S is a subsidiary of SAS AB.