Air France plans to cut 800 more jobs: Source
France’s flagship carrier, Air France, plans to cut more jobs, as the heavily-indebted airline faces another year of financial losses, sources say.
Air France told union leaders on Thursday that the job cuts would involve voluntary departure incentives to 800 ground personnel and cabin crew.
Airline management, however, failed to provide public figures.
Meanwhile, union sources confirmed the airline seeks to reduce the number of ground staff by 500 and cabin stewards and stewardesses by 300.
More details may emerge during the next meeting between the airline and union leaders on February 5, or when its parent company Air France-KLM releases its 2014 results on February 19.
The job cuts announcement comes after Air France-KLM executives issued a profit warning last month.
The French flag carrier looks set to continue losing money this year despite shedding 8,000 jobs over the past three years.
Air France-KLM group lost 1.8 billion euros in 2013 and has failed to turn a profit since 2010.
A strike by its pilots last year cost the airline some 400 million euros, slashing the company’s profits by more than half in the third quarter.
Air France pilots went on strike on September 15 in protest against the planned expansion of Air France’s low-cost subsidiary, Transavia France.
The action was the longest ever to hit Air France and forced the airline to ground half of its fleet.
GMA/HMV/SS
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