Air France-KLM is in advanced talks to increase its ownership of SAS Scandinavian Airlines (SK, Copenhagen Kastrup) and gain a majority stake in the airline, the Franco-Dutch group’s CEO Benjamin Smith confirmed during an investors’ call.

“We’re very, very happy with how things worked out with SAS, with our 19% stake, with the exit of SAS from Star Alliance and our exclusive ability to go up to a controlling stake. So, we’re already in deep talks,” he noted.

He went on to say that the company doesn’t…

Source: ch aviation
Read more: Air France-KLM seeks larger stake in SAS