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Air France and KLM to swap Boeing and Airbus orders in efficiency drive

Air France and KLM to swap Boeing and Airbus orders in efficiency drive
FILE PHOTO: Air France planes are parked on the tarmac at the Paris Charles de Gaulle airport in Roissy, France, June 19, 2019. REUTERS/Philippe Wojazer/File Photo -  Copyright  Philippe Wojazer(Reuters)
Copyright Philippe Wojazer(Reuters)
By Reuters
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PARIS (Reuters) - Air France-KLM <AIRF.PA> said its separate Air France and KLM airline units would be swapping over some remaining orders from Boeing <BA.N> and Airbus <AIR.PA>, in a move which Air France KLM said would help its fleet run more efficiently.

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The swap means that in the 2021-2023 timeframe, the six remaining Boeing 787 ordered for Air France will be transferred to KLM, and the current 7 Airbus A350-900s on order for KLM will be transferred to Air France.

"This is the first step towards harmonizing and simplifying the Air France-KLM Group fleet at its two major airlines," said Air France KLM CEO Benjamin Smith.

(Reporting by Sudip Kar-Gupta; editing by Michel Rose)

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