Air France-KLM says it plans to buy 50 Airbus A350 jets

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Air France-KLM says it plans to buy 50 Airbus A350 jets
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PARIS: Air France-KLM said on Monday (Sept 25) it plans to order 50 Airbus A350 long-haul jets, together with purchase rights for an additional 40, in...

Air France-KLM said on Monday it plans to order 50 Airbus A350 long-haul jets, together with purchase rights for an additional 40, in its largest-ever wide-body purchase as the Franco-Dutch group revamps its long-haul fleet.

“We are taking the assumption that the ban on Russian overflights is with us for at least the mid-term,” CEO Ben Smith told reporters after announcing the order. Asked about widespread production delays, Smith said Air France-KLM had considered splitting the order between Airbus and Boeing but had benefited from competitive prices by sticking to one supplier and would still have a diversified fleet.Air France-KLM, the product of a 2004 merger between French and Dutch national carriers, said the deal would give it flexibility to allocate aircraft among its brands based on market or regulatory conditions.

“If certain jurisdictions where we have operations become non-viable, or the return expected in the business case is no longer possible, may force us to put them elsewhere,” Smith said when asked about such operational restrictions.

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