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Air France-KLM plans to increase its stake in Scandinavian airline SAS to 60.5%, the latest step towards consolidating Europe ...
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 ...
The Air France-KLM Group already owns a 19.9% share in Scandinavian Airlines (commonly known as SAS). Now, the group plans to acquire a majority stake in SAS. While the deal was only announced ...
Firstly, SAS announced an order for 45 new generation Embraer E195-E2s, plus 10 options. This is its largest order direct ...
Air France-KLM took a 19.9% stake in SAS as part of the financial restructuring package that ushered the Sweden-headquartered airline out of Chapter 11 bankruptcy last summer.
Air France-KLM’s move to increase its stake in SAS Scandinavian Airlines to a majority will expand the French-Dutch group’s network in Northern Europe and marks a step closer to its longer-term goal ...
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.
Three months after exiting a bruising bankruptcy-protection plan, SAS AB wants to play a role in European airline consolidation by pitching itself to part-owner Air France-KLM as an attractive ...
Reuters. Benjamin Smith, CEO of Air France-KLM, attends an event to present the new La Premiere cabin, in Paris, France, March 18, 2025. REUTERS/Benoit Tessier ...
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 will purchase the stakes in SAS held by Castlelake and Lind Invest, which will bring its share to 60.5 percent, up from its current 19.9 percent. The Danish state will retain its 26.4 ...
Air France-KLM said on Friday it plans to increase its stake in Scandinavian airline SAS to 60.5%, up from 19.9% currently, by acquiring the stakes held by top shareholder Castlelake and Lind Invest.