While Norwegian's decision to pull its long-haul routes out of Copenhagen and Stockholm is good news for SAS in the short term, it points to a bigger challenge in the long term.
Even though Thomas Cook Group is no longer around, parts of the company live on. The Nordic business was pretty profitable, crucially has strong local brands, and isn't weighed down by an extensive store network. It's easy to see how it can be a success in the future.
Thomas Cook wasn't just a UK business: It had operations across Europe, some of which were pretty profitable. They're now in a race against time to secure their future and find new owners.
Thomas Cook, the man, organized his first trip in 1841, and the travel company that bears his name is still going. After a series of mergers and acquisitions the company now has 17 key brands to focus on. Read our take on each.
It sounds like the Restel deal has gone relatively smoothly for Scandic. Might the company now set its sights on other targets? Or will it become a target itself?
What with their oil wealth and wise city planning, Scandinavian countries have been running circles around the rest of the world with their inventive, well, everything. Here the Finns pull off a pop-up restaurant in an unlikely place -- only better.