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The airline Air France has made the announcement that it will definitively retire its entire fleet of aircraft Airbus 380 in the context of the current crisis.
In press release, it was reported that generated and powered by the COVID-19 and its impact on anticipated activity levels, The Air France-KLM Group today announces the definitive end of Air France Airbus operations 380.
Initially scheduled for late 2022, the phase-out of the Airbus A380 fleet is in line with Air France-KLM Group's fleet simplification strategy to make the fleet more competitive, by continuing its transformation with more modern and high-performance aircraft with a significant reduction in environmental footprint.
Five of the Airbus A380 aircraft in the current fleet are owned by Air France or under lease, while four are on operating lease. The global impact of the Airbus A380 phase-down is estimated at 500 million euros and will be recorded in the second quarter of 2020 as a non-current cost/expense.
The Airbus A380 will be replaced by new generation aircraft, including Airbus A350 and Boeing 787, whose deliveries are in progress and represent a significant reduction in consumption costs, maintenance and operations.
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