Air France-KLM Secures Majority Stake in SAS Airlines
By reuters 37 views 7 hours ago
In a significant move within the aviation industry, Air France-KLM announces its plan to elevate its stake in Scandinavian airline SAS to 60.5%, a substantial increase from the current 19.9%. This strategic acquisition involves purchasing shares from major stakeholders Castlelake and Lind Invest, marking a pivotal moment for airline partnerships and European aviation dynamics. Stay informed on this developing story and its implications for the global airline market.