Air France-KLM Moves to Acquire Majority Stake in SAS
Deal reshapes Europe's aviation landscape with new strategic partnership
Air France-KLM has confirmed plans to take a majority stake in Scandinavian airline SAS, marking a significant consolidation in Europe's aviation sector.
The agreement will see Air France-KLM become the largest shareholder in SAS as the carrier emerges from restructuring under bankruptcy protection.
Executives say the move will strengthen route networks and alliances across Northern and Western Europe, while SAS leaders insist they will retain their own brand and Nordic identity under the deal.
The agreement will see Air France-KLM become the largest shareholder in SAS as the carrier emerges from restructuring under bankruptcy protection.
Executives say the move will strengthen route networks and alliances across Northern and Western Europe, while SAS leaders insist they will retain their own brand and Nordic identity under the deal.
