on the Copenhagen Stock Exchange 1927 Det Norske Luftfartselskap A/S (DNL), SAS' Norwegian parent company, is founded 1946 SAS is formed from Det Danske Luftfartselskab A/S (DDL), Det Norske Luftfartselskap A/S (DNL), and Svensk Interkontinental Lufttrafik AB (SILA). The first intercontinental flight is from Stockholm to New York. 1951 DDL, DNL, and ABA form the present SAS Consortium. 1954 SAS is the world's first airline to fly the Copenhagen - Los Angeles polar route in regular scheduled service. 1955 SILA (which owns 50% of ABA) is quoted on the "Stockbrokers' List" in Sweden. 1957 SAS is the first airline to offer "round the world service over the North Pole" from Copenhagen to Tokyo via Anchorage. 1959 SAS enters the jet age. The first jet aircraft, the Caravelle, is introduced in service. 1960 SAS opens its first hotel, the SAS Royal Hotel Copenhagen. SAS helps set up Thai Airways International, taking a 30% share in the joint venture. 1965 SAS is the first airline to introduce an electronic reservation system. 1967 DNL is listed on the Oslo Stock Exchange. 1971 SAS puts its first Boeing 747 jumbo jet into service. 1977 SAS sells its remaining stakes in Thai Airways. 1980 SAS opens its first hotel outside of Scandinavia, the SAS Kuwait Hotel. SILA is listed on the Stockholm Stock Exchange. 1981 SAS EuroClass is introduced on all European routes. 1982 SAS is named the most punctual airline in Europe for the first time. 1984 SAS receives the Air Transport World's distinction "Airline of the Year" for 1983. 1986 Spanair is founded. 1987 SAS cofounds the Amadeus Computerised Reservation System (also known as GDS). 1989 SAS International Hotels owns 40% of Intercontinental Hotels Group. This stake is sold in 1992. 1994 SAS begins to refocus on airline operations in the SAS Group - selling a number of subsidiaries, along with the franchise of Diners Club Nordic. 1996 SAS celebrates its 50th anniversary on August 1. SAS parent company changes its name to SAS Danmark A/S, SAS Norge ASA, and SAS Sverige AB. 1997 SAS is one of the founding members of Star Alliance. 1998 Air Botnia (Blue1) becomes a wholly owned subsidiary of the SAS Group. 1999 The SAS Group becomes a majority owner of Widerøe. 2001 A single SAS share is established. On July 6, SAS is listed on the stock exchanges in Stockholm, Copenhagen, and Oslo. Braathens is acquired by