Michelin is to fit its tyres to "around 425 aircraft" operated by Air France-KLM and the airline group's third-party maintenance customers, under the terms of two 10-year contracts it has been awarded. The aircraft include 145 Airbus A320s, 66 Boeing Next Generation 737s, 37 Boeing 777-300ERs and three Airbus A380s. The contracts provide for invoicing on a per-landing basis. Michelin claims to invest €500 million ($761 million) a year in research and development.
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Source: Flight Daily News