PARIS The Air France -KLM airline group on July 4 said that it "will initiate proceedings" to acquire a majority stake in Scandinavian airline SAS , of which it is already a major shareholder. "Air France-KLM intends to increase its stake in SAS's share capital, from 19.9 percent currently to 60.5 percent, via a full acquisition of the stakes held by Castlelake and Lind Invest," the French-Dutch group said. Air France-KLM acquired its initial stake in the summer of 2024 after the Scandinavian