In a landmark strategic shift for European aviation, Air France–KLM has announced plans to become the majority stakeholder in SAS (Scandinavian Airlines), positioning itself for deeper integration and wider connectivity across Europe and beyond.
The development marks a significant chapter in the history of SAS and reinforces the ongoing trend toward consolidation within the global aviation industry. The transaction subject to regulatory approval will see SAS gain greater industrial support from one of the world’s largest airline groups. This move is expected to bolster SAS’ long-term competitiveness while preserving its Scandinavian identity and operational hubs.
“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,” said 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.” The announcement comes as SAS continues to earn global recognition for operational excellence, having been named the most punctual airline in the world. The airline remains focused on fleet renewal, network expansion, and a strong sustainability mandate, targeting net-zero emissions by 2050.
“This relationship is grounded in mutual respect, dedication to operational excellence and strong sustainability ambitions,” added Van der Werff. “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.”
SAS joined the SkyTeam alliance in September 2024, aligning its network with that of Air France–KLM and other partners. The integration is expected to deliver increased codeshare opportunities, customer benefits, and operational synergies. SAS operates more than 135 destinations globally, transporting over 25 million passengers annually. With strong legacy hubs in Copenhagen, Oslo, and Stockholm, the airline remains a vital player in the European market with ambitions firmly set on global growth.