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SAS exited from Chapter 11 bankruptcy protection in August 2024.
Anko van der Werff, the CEO of SAS Group, discusses Air France-KLM taking a majority stake in Scandinavian Airlines.
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 against rivals.
Paris, 4 July 2025 Air France-KLM initiates proceedings to take a majority stake in SAS 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 transaction reflects the successful turnaround of SAS and the positive results generated by the commercial cooperation initiated in 2024.
KLM has made wage proposals to staff of the Dutch arm of airline group Air France KLM , it said on Wednesday, after the CNV union said the company's ground crews would go on strike at Amsterdam airport on July 9 unless their demands were met.
Air France-KLM (AFLYY) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
The head of Air France-KLM voiced confidence in the Boeing 787 Dreamliner as he expressed condolences to Air India and those affected by the deadly crash of a London-bound passenger jet in Ahmedabad on Thursday.
Air France-KLM Chief Executive Officer Ben Smith says "premium demand" for the airline "is holding across all of our sectors." Smith speaks to Bloomberg's Guy Johnson from the sidelines of the International Air Transport Association (IATA) annual meeting in New Delhi, India.
India's largest airline IndiGo on Sunday announced an agreement with Air France-KLM , Virgin Atlantic and Delta to expand its long-haul services to North America, Europe and Britain, the airlines said on Sunday.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Air France-KLM (AFLYY) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.