Air France-KLM is eager to increase its existing holding in SAS Scandinavian Airlines, while simultaneously bidding for a controlling stake in Air Europa, Reuters reports.

CEO Ben Smith told the news agency the holding was seeking to boost its existing 19.9% holding in SAS as the carrier continues to meet certain benchmarks such as integration into the Skyteam alliance, of which Air France-KLM is also a member.

The Franco-Dutch group retains the option of becoming a majority shareholder in SAS by late 2026 in…

Source: ch aviation
Read more: AF-KLM mulls upping SAS stake, confirms Air Europa bid