Air France-KLM and Air Europa intend to conclude a new joint venture agreement for their flights between Europe and Central and South America. This foreseen agreement will allow both to expand their offerings and enhance travel opportunities for their respective customers. For many years, both Air France and KLM have had a fruitful cooperation with Air Europa. The current partnership consists mainly of successful codeshare agreements between and beyond Paris and Amsterdam on the one hand and Madrid on the other. Air France and Air Europa started their code share cooperation in 2003 and currently cover 21 code share routes

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