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Air France-KLM to Increase SAS Stake to 60.5%

7/4/2025

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Summary

Story summary

Air France-KLM is set to boost its stake in SAS Scandinavian Airlines from 19.9% to a commanding 60.5%, purchasing shares from Castlelake and Lind Invest. Meanwhile, the Danish State will hold onto a 26.4% stake. This strategic move, expected to finalize in late 2026, will seamlessly integrate SAS into the Air France-KLM Group, reshaping the airline landscape.

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Story summary

Air France-KLM is set to boost its stake in SAS Scandinavian Airlines from 19.9% to a commanding 60.5%, purchasing shares from Castlelake and Lind Invest. Meanwhile, the Danish State will hold onto a 26.4% stake. This strategic move, expected to finalize in late 2026, will seamlessly integrate SAS into the Air France-KLM Group, reshaping the airline landscape.