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 ...

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 ...

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 ...

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.

Air France-KLM group would have a majority of seats on the board of directors, while the Danish state will keep its 26.4% stake in SAS and its seats on the board. - Reuters ...

French Dutch airline Air France-KLM is set to increase its share in Scandinavian airline SAS, the company announced on Friday. The airline already owns 20% of the SAS shares and the projected purchase ...

German luxury sports carmaker Porsche said on Tuesday its sales fell in the first half of the year, blaming challenging market conditions and intense competition for a 28% slump in the Chinese market.

China Airlines (CAL), a Taiwan-based carrier, will begin operations at The New Terminal One at New York John F. Kennedy ...

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