Three months after exiting a bruising bankruptcy-protection plan, SAS AB wants to play a role in European airline consolidation by pitching itself to part-owner Air France-KLM as an attractive conduit to well-heeled Scandinavian travelers.

PARIS—Air France-KLM has confirmed it is in talks with Spanish leisure carrier Air Europa, which is owned by Globalia, with the two having identified a common interest in reinforcing their commercial cooperation, the Franco-Dutch airline group said. “Air France-KLM and Air Europa have a long history...

Globalia y el grupo Air France-KLM están en conversaciones para permitir que este último adquiera una participación minoritaria en Air Europa, la aerolínea

Air France-KLM to acquire 20% stake in Air Europa: strategic industry shift in the Spanish market and Latin America.

Air France-KLM is in talks about buying a 20 percent stake in the Spanish airline Air Europa, the Spanish business newspaper El Economista reported. According to the newspaper, a deal would involve over 100 million euros,

Air France-KLM is in talks to buy up to a 20% stake in Air Europa, worth over €100 million, after IAG scrapped its acquisition plan due to competition concerns. This deal would not need EU antitrust approval if below 20%.

Spanish airline Air Europa’s owner Globalia said on Wednesday (Nov 27) Air France-KLM was interested in taking a stake in the carrier. Read more at The Business Times.

Globalia, which is owned by the Hidalgo family, holds 80% of Air Europa, with the remaining 20% being in the hands of the IAG holding ( although it could be diluted ), which also possesses Iberia, British Airways, Vueling Airlines, Aer Lingus, and LEVEL.

Air France-KLM is in talks to buy a stake of as much as 20% in Air Europa after the Spanish carrier’s planned takeover by IAG SA was scuppered by regulatory opposition, the El Economista newspaper reported.