Air France and Airbus are in exclusive talks to kick off a joint venture. The focus? Providing top-notch maintenance services for Airbus A350 components around the globe. This 50-50 partnership aims to pool aircraft component assets from both companies into a shared venture. The goal is to have this joint venture up and running by the first half of 2024, pending all the necessary approvals.
A Win-Win for Both Companies
This isn’t just a casual partnership; it’s a strategic move that leverages the strengths of both companies. Air France Industries KLM Engineering & Maintenance and Airbus are combining their know-how to offer an optimized service package. This is designed to meet the growing maintenance demands of the Airbus A350 fleet, which currently has more than 1,000 aircraft on order and 550 already in service worldwide.
Anne Brachet, the Executive Vice President of 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 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.”
Expanding Global Reach and Innovation
The joint venture isn’t just about pooling resources; it’s also about expanding the global footprint and coming up with innovative solutions that benefit customers. Cristina Aguilar, Senior Vice President Customer Services at Airbus, added her thoughts: “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.”
Air France and Airbus are entering exclusive negotiations to form a joint venture aimed at providing maintenance services for Airbus A350 components. The partnership will combine the expertise of both companies to offer an optimized commercial package. The venture aims to be operational by the first half of 2024 and will focus on meeting the growing maintenance needs of the Airbus A350 fleet worldwide.
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