Air France Could Lay Off More Than 5,000 To Meet Restructuring Goals

Air France will have to cut 5,120 jobs by the end of 2013 if the carrier cannot negotiate new labor contracts, CEO Alexandre de Juniac has told the airline’s central works council. The measures are part of the carrier’s Transform 2015 restructuring plan, which intends to reduce net debt by €2...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.