Air France-KLM intends to increase its stake in SAS’s share capital, from 19.9% currently to 60.5%, via a full acquisition of the stakes held by Castlelake and Lind Invest. This contemplated ...

Air France-KLM plans to increase its stake in Scandinavian airline SAS to 60.5%, the latest step towards consolidating Europe’s fragmented airline sector as carriers seek to strengthen their position ...

The Air France-KLM group said it purchased 19.9% of Stockholm-based SAS on Wednesday and will begin an extensive commercial cooperation with the Scandinavian airline on Sunday. Air France-KLM said the ...

A significant rebranding could be on the cards for one of Europe's biggest airline groups.

New interline and codeshare agreements between Air France-KLM and SAS will come into operation on 1-Sep-2024. The agreement will also include reciprocal loyalty scheme benefits and will coincide with ...

Air France-KLM’s significant stake is more than just a strategic move—it's the latest stage of deepening consolidation in Europe's airline industry. With SAS defecting to the SkyTeam alliance and ...

Anko van der Werff has long championed consolidation. With Air France-KLM poised to take majority control, he’s getting his wish while (hopefully) keeping the airline’s Scandinavian soul. Anko van der ...

Air France-KLM Group is commencing the process to take over Scandinavian carrier SAS, intending to take a majority shareholding by the second half of next year. This possibility had previously been ...

SAS entered Chapter 11 reorganization last summer. Photo Credit: SAS Air France-KLM Group would take a 19.9% stake in Scandinavian Airlines (SAS) under a proposed restructuring of the carrier, which ...

SAS currently codeshares and interlines with Air France-KLM, which currently holds a minority stake in SAS. Photo Credit: SAS Air France-KLM has begun a process to take a controlling stake in fellow ...