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Aircraft and airlines: Air France-Klm hit by competitors

Paris, France - "Struggling for our existence"

According to an Italian daily, Air France-Klm said it is "Struggling for existence". The carrier is planning a painful agenda to recover its financial situation. The airline expects to reduce net debt by €2 billions by freezing staff replacements, reducing investments, negotiating with worker unions and cutting around 1522 jobs by 2014 (sources spoke about 5000 job cuts). According to the Italian d...

AVIONEWS - World Aeronautical Press Agency - 1142834
Rome, Italy, 07/02/2012 12:34
AVIONEWS - World Aeronautical Press Agency

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