Management and Structure
The Greenland Home Rule Government and the SAS Group are the largest shareholders of the airline, owning a 37.5% stake each. The Kingdom of Denmark owns the remaining 25% of the stock. The Ministry of Housing, Infrastructure, and Transport oversees the development of the transport industry in Greenland and controls Mittarfeqarfiit, the airport authority in Greenland. Between them, they control mandatory services, airport taxes, pricing policies, maritime connections, and tourism development, effectively allowing Greenland Home Rule to control the company in spite of the other stakeholders.
The board of directors, chaired by Julia Pars of Greenland Home Rule, includes representatives of all three shareholders and the airline employees. Michael Binzer, previously heading the airline's marketing and sales department, has been holding the position of chief executive officer since June 2007.
Headquartered in Nuuk, the airline had 668 employees in December 2009. The airline's technical base is located at Nuuk Airport.
Read more about this topic: Air Greenland
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