SAS (Sweden) is exploring the possibility of returning to a publicly listed company through an Initial Public Offering (IPO), according to CEO Anko Van der Werff. This move is being considered in light of Air France-KLM’s current decision to maintain its existing stake in the airline rather than increasing it.
The European Commission has granted approval under the EU Merger Regulation for easyJet (UK), IAG (UK), and Air France-KLM as suitable remedy takers. This decision comes as part of the commitments made by Lufthansa (Germany) and the Italian Ministry of Economy and Finance (MEF) to secure joint control over ITA Airways (Italy).
Air Europa (Spain) is in discussions with Air France-KLM Group regarding a potential acquisition of up to 20% of the Spanish airline’s capital. These negotiations reflect strategic alignment opportunities between the two entities as they explore ways to strengthen their positions in the European aviation market.
TAP Air Portugal has reported a 35% decrease in net profit for the third quarter of 2024, totaling $124.1 million. This decline comes despite a 2% increase in operating revenues, which reached $1.35 billion during the same period.
Air France-KLM reported solid financial results for the third quarter of 2024, with a 3.7% increase in Group revenues reaching $9.0 billion. The company posted a net income of $824 million, reflecting ongoing efforts to strengthen its position amidst global travel demand fluctuations.
