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Founded in 1986, Spanair was Spainís fourth largest airline. Scandinavian Airlines Systems also known as SAS once owned 94 percent of Spanair and then later sold a portion of their stake to only hold almost 20 percent ownership.
In 2011 Spanair was having extreme financial difficulties and the government provided some loans to them to try and save the company but the airline ceased operations in 2012 after a deal to have Qatar Airways try to rescue them failed to go through.
Spanair was a part of the Star Alliance group and at one time had code share agreements with 30 other airlines. Their fleet size consisted of 29 aircraft, most of which were the Airbus A320-200. They operated domestic and international flights from 20 airports, mostly from Barcelona International Airport, within Spain and Europe.
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