Air France will accelerate implementing its Perform 2020 strategic plan, following increased pressure on unit revenue since April. Air France is targeting cost savings of €650 million ($735 million) over the next three years as part of the Air France-KLM Perform 2020 plan, which succeeds the group’s Transform 2015 program. “We have to speed up the Perform 2020 plan. There is too much capacity in the marketplace and we face uncertainty in various places of the world,” ...

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