Air Nostrum unveiled a comprehensive "action plan" as it posted a pre-tax first-quarter loss of €22 million ($28.5 million) on a 9% drop in passengers and a 16% decrease in revenue. A year-ago figure was unavailable. The plan could lead to the loss of 589 jobs, or 26% of its workforce, and includes a reduction of its fleet by up 10 aircraft to 59 and an 18% cut in flights. Unprofitable routes will be abandoned and the level of free services in economy will be reduced. Cabin crew on its ...

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