Airbus and Air France Joint Venture: Cyrus Project for A350 Maintenance and Repair

2023-08-30 21:28:05

An Air France Airbus A319 plane lands at Paris Charles de Gaulle airport

(Archyde.com) – Airbus and Air France are working on the creation of a joint venture to manage part of the maintenance operations for the A350, one of the European aircraft manufacturer’s flagship models, Le Figaro reported on Wednesday, without specifying its objectives. sources.

According to the newspaper, the two groups hope that this project, called “Cyrus”, can be completed by the beginning of next year, once regulatory obstacles at national and European level have been overcome.

This new entity would focus solely on the overhaul and repair of electronic and mechanical equipment of the A350, without taking care of the maintenance of the engines, the cabin or the seats, specifies Le Figaro.

It would be run by two bosses – one from each of the two groups.

Airbus and Air France would thus aim to compete with Lufthansa, leader on this market with, according to the newspaper, 40% of market share, against 20% for the aircraft manufacturer and 20% for the airline.

(Written by Jean Terzian)

1693449753
#AirbusAir #France #alliance #envisaged #maintenance #A350Figaro

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.