Air France-KLM will take a $100 million stake in Brazilian low-cost carrier (LCC) GOL as the Franco-Dutch group seeks to increase its interests in South America. The deal, part of which will see Air France-KLM buying GOL shares worth $52 million, or 1.5% of the Brazilian company’s value, will include an extension of a 2009 codesharing arrangement that allows Air France and KLM to place their codes on 28 GOL flights operating from Rio de Janeiro and São Paulo to Brazilian ...

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