
Air France said Wednesday it was aiming to cut around 2,800 jobs next year through voluntary departures as part of a wide-ranging restructuring drive that has already seen thousands leave the airline. Air France had initially estimated reducing its workforce by 2,500 posts when it first announced the cuts in July, with French media speculating this week as many as 3,000 jobs could go. The measure is part of a major restructuring drive called Transform 2015, which has already seen more than 5,600 employees take voluntary redundancy or leave the Air France-KLM group through natural attrition in the two years to June, taking staff down to 100,700 with wages frozen. Air France chief executive Frederic Gagey said talks with unions on the voluntary redundancy plan would begin next month. He also outlined greater reliance on external subcontractors and reinforcement of the company\'s lowcost Transavia unit, and accelerated retirement from its fleet of fuel-thirsty Boeing 747 widebody jets. Gagey justified the new measures by the fact that the airline won\'t achieve \"its objective of returning to balance\" this year and \"will record its sixth consecutive year of operating losses.\" He added that \"job losses are not an end in themselves, they are part of a strategy.\" Air France-KLM posted a net loss of 793 million euros ($1.06 billion) for the first half of 2013, against wider losses of 1.27 billion euros in the first half of last year.
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor