Air France operates 10 Airbus A380s, the largest passenger planes in the world.
"The regularly trained pilots and cabin crew handled this serious incident perfectly", the statement said.
However, no one got injured due to the emergency landing. Air France confirmed 497 passengers were on board the flight and "being assisted by teams dispatched to the location".
Social media users posted photos and videos of the plane flying through the clouds with a shredded engine.
Audio of the Air France "super mayday" after one of its engines blew over the Atlantic Ocean has been released.
The airliner was diverted to the airport in Happy Valley-Goose Bay, N.L.
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Following the incident the aircraft was diverted to the nearby airport and made an safe emergency landing at the Goose Bay in Canada at 15:42 (GMT), approximately one and half hours after the incident. Kate Heath took this clip of the plane coming in to land. Only regional airlines offer scheduled service so it doesn't have facilities to do major repairs on an A380.
The plane was carrying 496 passengers and 24 crew at the time, an Air France spokesperson told AFP news agency.
The plane's engines were manufactured by Engine Alliance, a joint venture between General Electric Co.
The airline said it would fly the affected passengers to Los Angeles aboard two planes on Sunday morning.
The cause of the problem was unknown, with one of the plane´s passengers suggesting that a bird might have collided with the engine which was damaged.