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Aircraft and transport: Air France announces 5000 job cuts

Paris, France - About 10% of its workforce

Air France, part of the French-Dutch holding Air France-KLM, announced on Thursday 21/06/2012 the cut of 5000 jobs by 2013. Company's top management declared that these cuts are unavoidable because of the fuel cost increase and of the European economic crisis, unless unions will agree to revise work contracts. "Natural attrition over the period is estimated at 1,710, and overstaffing at...

AVIONEWS - World Aeronautical Press Agency - 1142492

AVIONEWS - World Aeronautical Press Agency
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