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As of 2024, SAS Group is owned by a group of shareholders including the American investment fund Castlelake, L.P. (in turn controlled by Brookfield Asset Management [3]) with a 32% stake, the Government of Denmark (through the Ministry of Finance) with a 25.8% stake, Air France-KLM with a 19.9% stake and the Danish family office Lind Invest ...
France: 28.6% (through the Air France–KLM holding company). ... the Norwegian government once again received a stake, when SAS used stocks to repay part of a 2020 loan.
A privately preserved Douglas DC-3 wearing SAS' late 1940s-style markings. The airline was founded on 1 August 1946, when Svensk Interkontinental Lufttrafik AB (an airline owned by the Swedish Wallenberg family), Det Danske Luftfartselskab A/S, and Det Norske Luftfartselskap AS (the flag carriers of Denmark and Norway) formed a partnership to handle the combined air traffic of the three ...
Late on Tuesday, Dutch Finance Minister Wopke Hoekstra announced the acquisition of an initial 12.7 percent stake for 680 million euros ($774 million). Air France-KLM shares slump on surprise ...
France has no plans for now to sell its 14 percent stake in Air France-KLM (AIRF.PA), Finance Minister Bruno Le Maire said on Thursday, pressing the group's new chief executive to focus on ...
Air France-KLM's plans to acquire a one-third stake in rival Virgin Atlantic cratered just two weeks after the deal passed muster with the U.S. Department of Transportation (DOT) on Nov. 21 ...
KLM was bought by Air France in 2004 to create Air France-KLM, in which both airlines are considered separate brands. [27] In 2023, Air France-KLM would purchase 20% of SAS' stake, which prompted the latter to leave Star Alliance for SkyTeam by 2024.
In October 2023, Air France-KLM, the Danish state and two investment firms (Castlelake and Lind Invest) announced plans to invest in Scandinavian Airlines (SAS) following the airline's ongoing Chapter 11 process in the United States, with the carrier taking 19.9% stake (and plans to increase in the future).