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 ...

Air France-KLM will initiate the process of raising its minority stake in Scandinavian airline SAS AB to 60.5%, as it looks to extend consolidation in the European aviation industry and better compete ...

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.

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 Group would take a 19.9% stake in Scandinavian Airlines (SAS) under a proposed restructuring of the carrier, which has been in Chapter 11 bankruptcy since July 2022.

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 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 ...

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.

STORY: Air France-KLM said on Friday it plans to increase its stake in Scandinavian airline SAS to 60.5%.That's up from 19.9% now.It says it will acquire the stakes held by top shareholders ...