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." ...

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

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.