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.

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 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.

The purchase, subject to obtaining the necessary regulatory clearances, is expected to close in the second half of 2026, Air France-KLM said ...

From Skadden in Paris to Bech-Bruun in Copenhagen and J+ Legal in Lisbon, the consolidation of the European aviation industry is bringing work to law firms.

The value of Air France-KLM's proposed acquisition of stakes will be determined at closing, based on SAS's latest financial performance.

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 ...

PARIS: The Air France-KLM airline group today said that it “will initiate proceedings” to acquire a majority stake in Scandinavian airline SAS, of which it is already a major shareholder.

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

PARIS - 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 ...

The airline group intends to increase its stake in Scandinavian airline SAS's share capital from 19.9% to 60.5%.