PARIS- Air France (AF)–KLM (KL) and Airbus have jointly announced that they are currently in exclusive negotiations for the establishment of a A350 component support joint venture.
The venture aims to provide worldwide Airbus A350 component maintenance services, including supply chain management, repairs, and creating a global pool of aircraft components.
Air France-KLM Airbus A350 Partnership
The proposed collaboration would be structured as a 50-50 joint venture between Air France and Airbus. Subsequently, it would involve the transfer of aircraft component assets from both partners into the joint venture’s shared pool.
Further, this strategic partnership would leverage the combined expertise of Air France Industries KLM Engineering & Maintenance and Airbus to offer an optimized commercial solution.
The goal is to serve better the increasing long-term maintenance requirements of the worldwide Airbus A350 fleet. This currently includes over 1,000 aircraft on order and 550 in active service.
Further, this initiative aims to enhance capacity, expand the global presence, and develop innovative solutions for the benefit of customers.
The joint venture is expected to become operational by the first half of 2024, subject to approval from relevant authorities and compliance requirements.
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Executive Insights
Anne Brachet, Executive Vice President of Air France-KLM Engineering & Maintenance, commented, “This initiative is designed to provide customers with the combined expertise of our two organizations for the highly advanced A350 aircraft. Our objective is to meet market demands more effectively, ensuring long-term customer satisfaction with responsive, high-quality, and cost-effective support solutions.”
Cristina Aguilar, Senior Vice President of Customer Services at Airbus, added, “Our commitment is to deliver top-notch services to our customers, and as the global A350 fleet expands, so does the need for comprehensive support. Air France-KLM Engineering & Maintenance and Airbus have a longstanding partnership, and by combining our complementary A350 component capabilities, we will enhance the quality of our services.”
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