Air France‑KLM to Secure Majority Stake in SAS: A Strategic Move Toward Nordic Dominance
Who?Air France‑KLM, the Franco‑Dutch airline group, plans to increase its stake in Scandinavian Airlines (SAS) from 19.9% to 60.5%, acquiring shares from Castlelake and Lind Invest. What?If approved, the deal will give Air France‑KLM majority control over SAS, enabling deeper operational integration and unlocking significant synergies—estimated at hundreds of millions in annual savings . When?The…