Air France\u002DKLM remains interested in TAP takeover after SAS investment

LONDON - Air France-KLM maintains a strong interest in Portugal's national carrier TAP and the purchase of a stake in Scandinavia's SAS does not affect its ability to take part in TAP's privatisation, a spokesperson said on Thursday.

Portugal's government plans to sell at least a 51% stake in state-owned airline TAP, the government said last Thursday after the cabinet approved the legal framework for the privatization process. The airline's privatisation has already attracted interest also from Lufthansa and British Airways owner IAG.

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Sweden Doesn’t Want to be Long-Term Owner in SAS, Finance Minister Says - BNN BloombergThe Swedish state isn’t planning to remain a long-term owner in SAS AB, even if part of the debt it is owed is converted to equity as part of Tuesday’s plan to take the airline private, according to Finance Minister Elisabeth Svantesson.
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