
Air France-KLM to Acquire Majority of SAS, Pledges to Preserve Scandinavian Identity
Air France-KLM has launched a bid to buy Castlelake and Lind Invest’s stakes to secure majority control of SAS, with Group CEO Benjamin Smith highlighting the opportunity to expand SAS’s long-haul network through its three-hub strategy and transatlantic joint venture. SAS CEO Anko van der Werff says the deal won’t dilute the carrier’s Scandinavian identity.