Air France chief executive moves on a year after staff got shirty with bosses
Published 25/10/2016 | 02:30
Just over a year since Air France workers stormed a management meeting and stripped shirts from executives, the airline's chief executive and chairman, Frederic Gagey, is planning to leave his role to move to the parent firm, Air France-KLM.
His imminent move comes as talks with Air France unions are set to get under way again, with a new strategic plan poised to be unveiled next week.
Three months after taking over at Air France-KLM, chief executive and chairman Jean-Marc Janaillac said earlier this month that the loss-making airline has big problems, including high costs, an unwieldy corporate structure and a lack of trust among different parts of the company. "What is striking is the fact that we are working in an industry that is growing and we are not growing at the pace of the industry," he said. The airline has been battling to compete with rivals including cash-rich Gulf carriers.
Mr Gagey is leaving Air France to become chief financial officer at Air France-KLM. He was at the meeting that was stormed last year, but escaped unharmed.
Five Air France union members were charged with aggravated assault and went on trial in September. They are awaiting verdicts.