This collaboration, if finalized, will see Air France and Airbus forming a 50-50 joint venture and transferring aircraft component assets from both entities into the joint venture’s pool.
Air France SA and Airbus SAS have initiated exclusive negotiations to establish a joint venture, with the aim of providing Airbus A350 component maintenance services on a global scale. This collaboration, if finalized, will see Air France and Airbus forming a 50-50 joint venture and transferring aircraft component assets from both entities into the joint venture’s pool. One of the key objectives is to have the joint venture operational by the first half of 2024, subject to regulatory approvals.
Anne Brachet, Executive Vice President, Air France-KLM Engineering & Maintenance said, “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.”
The proposed joint venture is expected to bring about an optimized commercial offering, catering to the evolving long-term maintenance requirements of the Airbus A350 global fleet. Currently, there are over 1,000 Airbus A350 aircraft on order, with 550 already in service worldwide. By combining the expertise of Air France Industries KLM Engineering & Maintenance and Airbus, this partnership seeks to enhance capacity, expand the global footprint, and develop innovative solutions for the benefit of customers.
Cristina Aguilar, Senior Vice President Customer Services, Airbus said, “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.”
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This joint venture signifies the dedication of both Air France-KLM and Airbus to meet the evolving demands of the aviation industry, particularly in maintaining and servicing the Airbus A350, one of the most advanced and widely used commercial aircraft in the world. The collaboration leverages the combined strengths of two industry leaders to ensure that airlines have access to efficient, high-quality component maintenance services for their A350 fleets.
