Air France-KLM buys into Scandinavian competitor SAS

Luc Joris

October 4, 2023

French-Dutch airline Air France-KLM will take a stake of almost 20% in Scandinavian carrier SAS /SAS

Air France-KLM is buying into Scandinavian airline SAS. The Franco-Dutch airline group is acquiring 19,9% of Danish-Swedish SAS, which has been struggling for several years, for 144,5 million dollars. The deal also includes SAS's exit from Star Alliance, the airline alliance that includes Germany
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