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Air France-KLM announced Friday that it is to buy a majority stake in SAS Scandinavian Airlines. The Franco-Dutch group already owns 19.9% of SAS’s share capital – a holding it formally ...
AMSTERDAM (Reuters) -KLM's wage proposals this week do not meet the demands of ground staff at the Dutch arm of airline group Air France-KLM, the CNV union said on Friday, adding a strike announced at ...
KLM said it would consider asking a court to forbid the strike, which would come at a very busy time for Amsterdam airport. PHOTO: REUTERS Follow topic: Netherlands Published Jul 02, 2025, 04:05 PM ...
Air France-KLM said today it plans to increase its stake in Scandinavian airline SAS to 60.5%, up from 19.9% currently, by acquiring the stakes held by top shareholder Castlelake and Lind Invest.
PARIS — Air France-KLM plans to increase its stake in Scandinavian airline SAS to 60.5 percent, the latest step toward consolidating Europe’s fragmented airline sector as carriers seek to strengthen ...
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. The price will be ...
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 ...
Air France-KLM today announced that it will initiate proceedings to take a majority stake in SAS. The Group currently holds a 19.9% stake in the Scandinavian carrier and since the summer of 2024, it ...
KLM said it was considering legal action against next week’s strike, which coincides with the first week of the school holidays in the south of the country, but unions are confident they will be able ...
Air France-KLM has started proceedings to increase its 19.9% minority stake in Scandinavian Airlines (SAS) to a 60.5% majority stake, in a move that the Franco-Dutch airline group says will allow ...
Investing.com -- Air France-KLM (LON: 0LN7) plans to increase its stake in SAS to 60.5% from 19.9% by acquiring the full stakes held by Castlelake and Lind Invest, according to the airline on Friday.
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