Air France-KLM plans to increase its stake in Scandinavian airline SAS to 60.5%, the latest step towards consolidating Europe's fragmented airline sector as carriers seek to strengthen their position against rivals.

Air France-KLM plans to lift its stake in Scandinavian airline SAS AB to a controlling holding, as it looks to extend consolidation in European aviation and better compete with rivals Deutsche Lufthansa AG and IAG SA.

Air France–KLM confirms plan for majority control of SAS, signaling a major shift in European aviation strategy and a landmark partnership that could reshape