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New Deal


Announced

Air France-KLM and Airbus to form Airbus Air France.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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airline parts

Single Bidder

Aerospace

airline components

Joint Venture

Pending

Cross Border

Acquisition

Majority

Private

Friendly

France

Synopsis

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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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