Oct 3, 2023 SOURCE: AFP
Air France-KLM says to buy nearly 20% stake in SAS
Air France-KLM said Tuesday that it had joined an investment consortium to buy a 19.9 percent stake in Scandinavian Airlines (SAS), which has been seeking investors in order to exit bankruptcy protection.
The group, along with the Danish state, will invest $1.175 billion in the airline, with Air France-KLM investing...
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