Air France-KLM to pursue growth in MRO business

Air France-KLM announced (11-Sep-2014) plans to pursue growth in its Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) MRO division, as part of the company's 'Perform 2020' five-year plan. Air France-KLM stated: "The Group will pursue its growth in this segment, particularly in engines and components, including via targeted acquisitions. This business should generate an additional EUR50 million to EUR80 million of EBITDAR in 2017, depending on acquisitions." [more - original PR - English/French]