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Cargo Newswire

Air France–KLM moves to become majority owner in SAS: New chapter in Scandinavian and European Aviation

July 4, 2025
in Airlines
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Air France–KLM has announced that it will initiate proceedings to take a majority stake in SAS, marking a new and strategically important chapter for the Scandinavian carrier and a landmark strategic development in the European aviation landscape.

The move reflects the airlines’ long-term commitment to building a stronger, more connected, and competitive SAS—firmly rooted in Scandinavia, with expanded reach and capabilities across Europe and beyond.

“Air France–KLM becoming the majority owner would mark a defining moment for SAS and a strong signal of confidence in the direction we’re heading,” says Anko van der Werff, President & CEO of SAS. “It brings not just stability but will also allow for deeper industrial integration and the full backing of one of the world’s leading airline groups, once regulatory approval has been obtained. Together, we will be better positioned to deliver greater value to our customers, our colleagues, and the wider region.”

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SAS continues to invest in fleet renewal and network expansion while earning recognition as the most punctual airline in the world. This consolidation supports SAS’ ability to grow more sustainably, enhance customer experience, and reinforce its role in international aviation.

“This relationship is grounded in mutual respect, dedication to operational excellence and strong sustainability ambitions. As global interest in Scandinavia continues to grow, we believe this consolidation strengthens SAS’ ability to connect Scandinavia with the world—and the world with Scandinavia—by positioning Copenhagen as our global hub for the region, while continuing to uphold strong and strategic operations in both Oslo and Stockholm,” added Van der Werff. “We remain true to our identity, heritage, and deep customer focus. SAS will continue to be proudly Scandinavian at heart, look and feel.”

The decision also reflects a broader industry trend toward consolidation— a step that is essential to ensuring long-term competitiveness for European carriers in an increasingly globalized market.

Tags: Air Franceairline acquisitionairline consolidationairline mergerairline partnershipAviation Newsaviation strategyCopenhagen hubEuropean Aviationfleet renewalKLMSAS AirlinesScandinavian Airlinessustainable aviation
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Devender Grover

Devender Grover

Devender was born in the year when the Beatles Group was formed. He holds two master’s degrees in English Literature and Public Administration. He also has an Honors degree in English Literature and a post-graduate diploma in Corporate Communications and Public Relations. He was closely associated with the Indian State Transport Undertakings and Ministry of Transport in his role as Corporate Communications and PR specialist for over two decades handling domestic and international organizations. He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. Excelling as an editor, Marketing, PR, Anchor, and Advertising specialist, he is now expertly navigating the world of social media. A widely traveled professional internationally, Devender has a deep understanding of the Air Cargo, Cargo Business, Cargo Airports, Freighters and Cargo Industry at large.

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