04 May 2013

No news about the long-delayed purchase of 25 A350-900s by France-KLM. “It should be signed during 2013."

Air France-KLM continues the commercial and contract discussions with Airbus and Rolls-Royce concerning the long awaited signature of a definitive order for 25 A350 jets “without however see a cause for concern" as stated last week.
"The contract is still being negotiated with Airbus. It should be signed during 2013."
Air France-KLM placed the provisional $7 billion order for 25 wide-bodied A350-900 passenger jets in September 2011 at the same time as ordering 25 Boeing 787 Dreamliners, a deal which has since been confirmed.
Pierre-Henri Gourgeon was Air France CEO when the procisional order was placed.

Air France-KLM said in a statement it lost 630 million euros in the January-March quarter, compared to a loss of 379 million euros a year earlier. Last year's result benefited from a 220 million euros gain on the airline's hedging contracts.
The airline, in the midst of a three-year turnaround plan, said it hopes to strengthen its position by paying down debt and reducing staff costs further.
Air France-KLM is struggling to compete against low-cost carriers and has said it expects to cut about 5,000 people in its workforce of 49,000. It said the plan is on track despite "a difficult and uncertain environment."

Based on the article “Contrat A350: Air France continue de discuter avec Airbus et Rolls-Royce” published in AFP

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