Tag: Air France-KLM

Air France-KLM
Aviation

Air France-KLM targets takeover of SAS next year

Air France-KLM Group has launched the process to acquire a majority stake in Scandinavian airline SAS, with the goal of finalizing the takeover in the second half of next year. This development follows Air France-KLM’s entry into a consortium that invested in SAS nearly two years ago, during the carrier’s restructuring under US Chapter 11 […]

Air France-KLM
Business featured

Air France-KLM revenue bounces back, pays debt

Air France-KLM announced on Friday that its revenue for the first quarter of 2023 had increased, bouncing back and regaining balance since the Covid-19 pandemic. AFP reported that the company has also repaid all state aid that it received during the Covid-19 crisis, and as a result, it claimed to be “standing on its own […]