# 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.

- Type: Partnership
- Announced: 2023-09-04
- Where: France
- Status: announced
- Products: A350 component maintenance services
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Airbus](https://endata.com/companies/1653.md) (partner)
- [Air France-KLM](https://endata.com/companies/15084.md) (partner)

## Sources

- [airfranceklm.com](https://www.airfranceklm.com/en/newsroom/air-france-klm-and-airbus-enter-exclusive-negotiations-creation-joint-venture-dedicated), 2023-09-04: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.