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Air France-KLM to acquire a controlling share in Scandinavian airline SAS

Air France-KLM to acquire a controlling share in Scandinavian airline SAS

Air France-KLM is set to raise its stake in Scandinavian airline SAS to 60.5%. This move comes as part of efforts to consolidate Europe’s disjointed airline industry, with airlines aiming to bolster their competitive stance. The Franco-Dutch airline group announced on Friday that it plans to increase its current 19.9% share by purchasing shares from […]