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.

Today, on July 4, Air France-KLM announced that it will initiate proceedings to take a majority stake in Scandinavian Airlines (SAS). The group currently holds a 19.9% stake and intends to raise its ...

Paris, 28 August 2024 The Air France-KLM Group completes acquisition of a non-controlling stake in the share capital of SAS AB. Extensive commercial cooperation to begin September 1, 2024 The Air ...

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 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 is looking to increase it’s stake in Scandinavian carrier SAS to 60.5% from 19.9%. EPA. The value of the investment would be determined at closing, based on SAS’s latest ...

Air France-KLM has completed its acquisition of a 19.9% stake in SAS in a deal that could one day see the group take majority control of the carrier.

Air France-KLM is mulling ways to expand its presence in South America and may pursue an acquisition of TAP Air Portugal. According to Airline Weekly, the potential deal is part of a wave of ...

The carrier group, which owns nearly 20% of SAS now, will raise that to 60.5% by acquiring the stakes held by Castlelake LP and Lind Invest, Air France-KLM said in a statement.

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 ...