Air France has detailed plans for a further 800 voluntary layoffs. It is also considering delaying its Boeing 777 deliveries and has sold half its 4.4% stake in Amadeus. While Transform 2015 and lower fuel prices will deliver some benefits in 2015, a weaker unit revenue trend since the summer of 2014 has prompted the additional cuts. In a statement, Air France said the voluntary redundancy plan will affect “approximately 800” ground staff and cabin crew. This will be coupled with ...

Subscribe to Access this Entire Article

"Air France to cut another 800 positions" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.