Air France-KLM and Airbus to form joint venture for A350 component support

Air France and Airbus have entered exclusive negotiations to create a 50-50 joint venture for worldwide Airbus A350 component maintenance services, including supply chain management and a global component pool. The JV is expected to be operational by the first half of 2024.

“Air France-KLM and Airbus today announced that Air France SA and Airbus SAS have entered into exclusive negotiations to establish a joint venture for the provision on a worldwide basis of Airbus A350 component maintenance services.”airfranceklm.com

• 1 source
• airfranceklm.comAir France-KLM and Airbus enter into exclusive negotiations for the creation of a joint venture dedicated to Airbus A350 component support | AIR FRANCE KLMSep 4, 2023

Summarized from public sources; check the original articles before acting on it.