The Air France-KLM group and Airbus announced on Monday that they are in talks to form a joint venture dedicated to the maintenance of components of the A350 widebody.
Under the auspices of Air France SA and Airbus SAS, this strategic partnership will be structured as an equitable joint venture, with both companies holding a 50% stake. This will include the transfer of aircraft component assets from the two aviation giants to a new pool of shared resources.
The initiative comes as a direct response to growing global demand for the A350, which has accumulated more than 1,000 orders and around 550 aircraft currently in operation around the world.
The expectation is that the joint venture will begin operating in the first half of 2024, subject to approval by the competent regulatory authorities.
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“This project aims to bring customers the best expertise of our two companies on a product as high-tech as the A350. We will be able to better respond to the needs of the market, and to guarantee the satisfaction of our customers over the long term, with support solutions that are always responsive, of high quality and at the right price”, stated Anne Brachet, Vice -Executive President of Engineering and Maintenance at Air France-KLM.
“We’re in the business of offering the very best service to our customers, and as the world’s A350 fleet grows, so does the necessary support. Air France-KLM Engineering & Maintenance and Airbus have a long-standing relationship and pooling our complementary A350 component skills and capabilities will deliver an enhanced service,” added Cristina Aguilar, senior vice president of customer service at Airbus.
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Air France-KLM group’s aircraft maintenance, repair and overhaul division, Air France Industries KLM Engineering & Maintenance currently employs around 12,800 professionals in centers in France and the Netherlands. The company currently supports more than 3,000 aircraft from 200 airlines around the world.
