50 SKY SHADES - World aviation news

Air France threatens route, job cuts if savings not made

Download: Printable PDF Date: 07 Sep 2015 09:53 category:
Publisher:
Air France threatens route, job cuts if savings not made - Airlines publisher
Tatjana Obrazcova
Source: Ch Aviation

Air France (AF, Paris CDG) has warned it may cut both its longhaul network and workforce should it fail to make an estimated EUR1.8 billion (USD1.98 billion) in additional cost cuts.

France's RFI says in the event the airline's pilot corps rejects plans to increase its work-hours while keeping salaries fixed, Air France may be forced to could cut 10% or fourteen of its longhaul routes by 2017. In addition, at least ten widebody aircraft could also be withdrawn from service affecting up to 3,500 jobs.

Air France is seeking to reach an agreement on its new restructuring plan by the end of this month.

In July, Air France's Chairman and Chief Executive Officer, Frederic Gagey, revealed that only 50% of his airline's long haul routes were currently profitable. In line with plans to drive that figure up to 80%, reports last week stated Air France-KLM Royal Dutch Airlines was considering setting up a new budget long haul subsidiary that would feature B787-9s while drawing its personnel from the carrier's current pool of pilots and cabin crew.



Loading comments for Air France threatens route, job cuts if savings not made...


Recommended

Magnetic Leasing first contract landing gear lease - Ryanair

Magnetic Leasing has signed a deal with Ryanair, Europe’s largest airline, for a landing gear lease. The agreement covers an 8 month lease period during which the landin...

Full slate of Gulfstream customer-centric support events 2020

Gulfstream Aerospace Customer Support organization will host a comprehensive schedule of customer-focused events in 2020, including its biennial Operators & Suppliers Conference, two Customer...

FACC received CAAC Part-145 maintenance organization approval

CAAC has granted FACC approval as a maintenance organization according to Part-145. This CAAC certification represents a further milestone for the Austrian aerospace group in its latest "Aft...

Milano Prime 2019 traffic growth numbers are more than impressive

Business&General Aviation traffic in Milan in December in the two airports managed by Milano Prime – Linate Prime and Malpensa Prime - registered an overall growth of 19.4%. The gr...