Air France-KLM holds 19.9% of SAS but the investment plan had included provisions through which its stake could increase, potentially enabling Air France-KLM to become a controlling shareholder.

Air France-KLM announced Friday that it will take a majority stake in Scandinavian Airlines, the national airline of Denmark, Norway, and Sweden.

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 ...

Firstly, SAS announced an order for 45 new generation Embraer E195-E2s, plus 10 options. This is its largest order direct ...

Air France-KLM Group opted to accelerate its acquisition of a controlling share in SAS after seeing the Scandinavian carrier’s rapid progress on financial and operational improvement. Speaking ...

The value of Air France-KLM's proposed acquisition of stakes will be determined at closing, based on SAS's latest financial performance. The transaction is expected to be closed in the second half ...

Air France-KLM (LON:0LN7) announced plans to raise its stake in Scandinavian airline SAS from 19.9% to 60.5% by acquiring the ...

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.

Air France-KLM aims to own 60% of the Scandinavian airline, which said that the deal is "essential to ensuring long-term competitiveness." ...

Air France-KLM wants to take over the Scandinavian airline SAS. The French-Dutch aviation combination already has a stake of almost 20 percent, but wants to increase that to 60.5 percent. The group ...

No longer the Lufthansa Group, with Eurowings, Swiss, Austrian, Air Brussels, ITA being the only dominant airline group in ...