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.

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%.

Franco-Dutch airline group Air France-KLM is in talks to take a 20% stake in Spanish airline Air Europa, newspaper El Economista said on Wednesday, citing unidentified sources. The price of the stake would be higher than the 100 million euros ($104.