SAS confirms $1.2bn restructuring process with Air France-KLM
Air France-KLM will be a part of the winning consortium chosen by SAS as part of a Chapter 11 restructuring process.
Source: airport-technology.com
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SAS Exits Star Alliance To Become SkyTeam Member After Air France – KLM Takes A Stake
Air France - KLM takes a stake in SAS that will exit Star Alliance to join SkyTeam.
Source: loyaltylobby.com
Air France-KLM buys 19.9% shares in struggling competitor SAS
Air France-KLM is taking a 19.9 percent equity stake in the ailing Scandinavian airline SAS. The SAS recently announced that it is considering several offers from potential investors. The company is experiencing financial problems and is involved in a Chapter 11 procedure for bankruptcy protection in the United States. The Danish government also pushed money into SAS. Together with Air France-KLM and the investors, it involves a total amount of almost 1.2 billion dollars. Air France-KLM will pay 144.5 million of this amount.
Source: nltimes.nl
Shares in Scandinavian Airlines plunge to become almost worthless after rescue deal announced – Winnipeg Free Press
Breaking News, Sports, Manitoba, Canada
Source: winnipegfreepress.com
Air France-KLM takes stake in SAS in chapter 11 milestone | Business Travel News Europe
Under the new structure Air France-KLM will hold approximately 19.9 per cent of the equity  
Source: businesstravelnewseurope.com