Air Canada is warning of an “orderly shutdown” of its flying program — potentially before the end of the week. On Monday morning, the flag carrier issued a strongly worded statement in response to a long-running labor dispute.
28.08.2024 - 16:10 / skift.com / Gordon Smith
The Air France-KLM Group has officially become a shareholder in SAS Scandinavian Airlines. The agreement marks the conclusion of one of the year’s biggest airline deals and heralds the latest phase of consolidation in the European airline industry.
On Wednesday, the Franco-Dutch firm formally concluded its acquisition of a 19.9% shareholding in SAS. Despite being a non-controlling stake, the company will make its presence felt as soon as Sunday. In a market filing, Air France-KLM said “extensive commercial cooperation” will start from September 1.
Air France-KLM joined a consortium including Castlelake, Lind Invest, and the government of Denmark in the nearly $1.2 billion deal. The purchase forms a key part of SAS’s financial restructuring that helped salvage the Scandinavian carrier from extreme financial distress. With so many moving parts in the mix, here are three key areas to watch in the coming weeks:
With Air France-KLM a cornerstone of the SkyTeam group of airlines, and SAS a founding member of rival Star Alliance – something had to give. On September 1, SAS will formally join SkyTeam. This major shift has implications across multiple areas, but one of the biggest is loyalty programs.
SAS says reciprocal frequent flyer benefits will start on September 1. The agreements cover Air France-KLM’s Flying Blue platform and SAS’ EuroBonus program. Put simply, members should be able to ‘earn and burn’ points more easily within the new partner airlines. September 1 also marks the switch date for eligible EuroBonus members to use SkyTeam benefits including SkyPriority status at airports and global lounge access.
Notably, this means regular flyers with Star Alliance, such as United Airlines, will no longer enjoy the same perks when traveling with SAS.
This is a blow to Star Alliance’s footprint in northern Europe, but Scandinavia won’t become a black hole for the organization. As the world’s biggest airline group, Star has 17 other members offering nonstop flights to the region. This includes major players such as Air Canada, Air India, Lufthansa, and Turkish Airlines.
In a slightly cryptic statement, the organization also teased possible expansion to compensate for the loss of SAS, noting that members “may bring additional service to Scandinavia” in the future. For a full list of members check out this Star Alliance Skift explainer.
According to the new partners, headline developments include “far-reaching interline and codeshare agreements” to improve connections between airport hubs.
Air France has its primary base at Paris’ Charles de Gaulle airport, while KLM’s global network is focused around Amsterdam Schiphol. As the flag carrier of Denmark, Norway, and Sweden, SAS currently operates a
Air Canada is warning of an “orderly shutdown” of its flying program — potentially before the end of the week. On Monday morning, the flag carrier issued a strongly worded statement in response to a long-running labor dispute.
In a bid to clamp down on overtourism and protect places of interest, popular holiday destinations across Europe and beyond have introduced various forms of a “tourist tax”. In recent years, this has come into play in destinations such as Venice, Lake Como, Brussels, and parts of Japan—and now, UK hotspots are following suit.
Swiss International Air Lines has an unusual problem: Its new first-class seats are too heavy for some of its widebody planes.
When I started traveling, I came to realize just how different Buenos Aires was from other literary cities. Maybe we all have similar thoughts about our hometowns, or maybe my revelation is just one more confirmation of the arrogance for which we — people raised in the port city of Buenos Aires — are famous throughout the rest of Latin America.
Americans and other tourists visiting Sri Lanka will no longer need to apply for a visa beginning Tuesday, per the Ministry of Foreign Affairs.
Even if you travel on many different airlines, it makes sense to focus on just one loyalty program in each of the Big Three airline alliances: OneWorld, Star Alliance and SkyTeam.
Passengers looking to embark on a 3 ½ year-round-the-world voyage on Villa Vie Residences' Odyssey cruise ship have been left hanging for the past three months.
Lufthansa is eyeing a 19.9% stake in TAP Air Portugal, according to Italian newspaper Corriere della Sera, which cited two Portuguese institutional sources. The company’s CEO, Carsten Spohr, plans to travel to Lisbon this week to speak with government officials, said the report.
There’s never a bad time to go to Paris, and Air France agrees, giving away a pair of roundtrip flights and a wardrobe incroyable so travelers can live their best French lives.
Ahead of Labor Day, Capital One launched a very lucrative Air France-KLM transfer bonus. From now through Sunday, Sept. 29, when you transfer your Capital One miles to Air France-KLM Flying Blue, you'll receive 20% bonus miles. Therefore, when you transfer 1,000 Capital One miles, you'll get 1,200 Flying Blue miles, making this offer a 1:1.2 ratio.
Good morning from Skift. It’s Thursday, August 29, and here’s what you need to know about the business of travel today.
London is in its global hotel brand era: In the last year, it’s added a Raffles, a Peninsula and a second Mandarin Oriental; a Waldorf Astoria, a St. Regis and a Six Senses are on their way. This new guard is taking over historical icons and throwing up gleaming towers, and it’s upping the ante on amenities, too. A posh afternoon tea is no longer enough, it seems; now, five-stars come with signature scents, subterranean spas, museum-worthy art and long-stay residences. Rooftop bars, a rarity here a decade ago, are now seemingly obligatory (Bar 33 at the Emory wins for views, with everything from Big Ben to Battersea Power Station in its sights). But there’s still room for the occasional independent hotel, like the Broadwick, a maximalist love letter to the owner Noel Hayden’s hotelier parents and the creative Soho of the ’90s in which he came of age. “It’s a bit of a sensory overload,” Hayden says. Naturally, there’s a rooftop bar there, too.