Air France to make "significant" job losses as part of major cost-cutting plan
Published 02/10/2015 | 08:23
Air France will tell staff on Monday of "significant" job cuts after negotiations with pilots to boost productivity failed, the head of parent Air France-KLM told Europe 1 radio.
"It will unfortunately be a significant job reduction plan ... We will discuss it with staff representatives on Monday," Alexandre de Juniac said.
On Thursday the airline had warned it would be cutting back on its operations in the next two years in order to safeguard its future after talks with pilots over a restructuring plan failed.
De Juniac also told Europe 1 that while talks with pilots representatives had now ended, "the door was not closed" if trade unions show "a true will to negotiate"
Air France has threatened to cut 10 percent of its long-haul network by 2017 unless pilots accept significant cost cuts and changes to working conditions, union sources told Reuters earlier this month.