Majority Of Air France Pilots Accepts Shares-For-Wage-Cut Swap
Nearly four-fifths - 79% - of Air France's 3,650 pilots voted in favor of a shares-for-wage-cut scheme, according to referendum results unveiled yesterday in Paris. The plan will enable Air France to cut its annual costs by FRF240 million (US$40 million) and to reduce the total wage bill of its...
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.
Related Content
