Air France-KLM is actively negotiating with Air Europa regarding a potential acquisition of a stake, as confirmed by the airline’s CEO. This move could enhance Air France-KLM’s position in the competitive European aviation market.
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Air France-KLM’s CEO announced plans to increase the airline group’s stake in Scandinavian Airlines (SAS), signaling a strategic move to strengthen its foothold in the Nordic market. This initiative underscores Air France-KLM’s commitment to regional growth and consolidation.
Air France-KLM shares soared to a five-year high following the airline’s unexpected profit surge, as reported by Reuters. The airline attributed its success to robust travel demand and improved operational efficiency, signaling a strong recovery in the aviation sector.