Air France-KLM is making good on its option to take control of SAS Scandinavian Airlines after first investing in the carrier last year. Under a deal

On Tuesday, the SAS CEO signed a multi-billion dollar deal for 45 new Embraer aircraft – the company’s largest direct order in decades. Today, he was shaking hands with Ben Smith as Air France-KLM prepared to triple its stake in the Scandinavian carrier.

Air France–KLM confirms plan for majority control of SAS, signaling a major shift in European aviation strategy and a landmark partnership that could reshape