Air France is to axe 2,900 jobs, scale back its long-haul fleet by 14 aircraft and close five routes after failing to reach a productivity agreement with its flight crew unions. Under the plan, Air France’s long-haul fleet will be reduced from 107 aircraft in summer 2015 to 93 in summer 2017, cutting capital expenditure by up to €200 million ($224.2 million) in 2016 and 2017. “This adjustment will mainly be made via the accelerated retirement of Airbus A340s, which will not ...

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