Announced
Financials
Sources
Tags
airline parts
Single Bidder
Aerospace
airline components
Joint Venture
Pending
Cross Border
Acquisition
Majority
Private
Friendly
France
Synopsis
Air France-KLM, an airline holding company, and Airbus, a aircraft manufacturer, agreed to form Airbus Air France, an Airbus A350 component maintenance services firm. Financial terms were not disclosed. “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," Anne Brachet, Air France-KLM Executive Vice President.
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