Air France-KLM’s SAS Stake Gives European Consolidation A Boost
“This cooperation will allow Air France-KLM to enhance its position in the Nordics and improve connectivity for Scandinavian and European travelers,” Air France-KLM CEO Ben Smith said in announcing the deal.
Credit: joepriesaviation.net
Industry watchers have consistently been predicting a wave of consolidation in Europe’s airline industry for the past few years. But it is fair to say that Air France-KLM’s agreement to buy a stake in Scandinavian Airlines was not what they had in mind. Air France-KLM made its surprise announcement...
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