Airbus, Air France in Talks Over A350 Component Support Venture
04 Septembre 2023 - 7:30PM
Dow Jones News
By Mauro Orru
Airbus and Air France entered into exclusive negotiations aimed
at establishing a joint venture to provide A350 component
maintenance services, including supply chain management and
repairs.
The European plane maker said Monday that the joint venture
would help meet growing long-term maintenance demand for the A350,
of which there are more than 1,000 aircraft on order and 550
currently in service worldwide.
Airbus and Air France-KLM's Air France will each own 50% of the
joint venture, which is expected to be operational by the first
half of 2024.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
September 04, 2023 13:15 ET (17:15 GMT)
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