The Air France-KLM Group aims to bolster its presence in the European aviation landscape by acquiring a 60.5% stake in Scandinavian Airlines System (SAS AB). This strategic move is designed to deepen integration within the industry and fortify its competitive stance against rivals such as Lufthansa and International Airlines Group. The acquisition will encompass shares currently held by Castle Lake and Lind Invest, with the exact volume contingent upon SAS's future financial performance. Notably, the Danish government will retain a 26.4% stake and a seat on the board, ensuring continued governmental involvement. This expansion of Air France-KLM's stake builds on SAS's recent and substantial improvements in both financial and operational metrics, marking the next phase of Air France-KLM's investment journey, which commenced in 2023. Post-pandemic, the European aviation sector is witnessing an accelerated pace of integration, with numerous airlines undertaking equity restructuring and reorganizational efforts.