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KLM SELLS 30% BRAATHENS STAKE TO SAS

AMSTERDAM, Klm Royal Dutch Airlines has reported its intention of selling a 30% stake in Braathens ASA to SAS. Klm made its final decision after the disappointing results in the last few years. The sale has to be approved by the anti-trust authorities. Klm bought the stake in 1997. The commercial cooperation between the two airlines is to be dismantled in the next months.

AVIONEWS - World Aeronautical Press Agency - 12983
Rome, Italy, 05/21/2001 15:57
AVIONEWS - World Aeronautical Press Agency

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