Air France to Cut Hundreds of Jobs as It Slashes Capacity
- Voluntary departures sought at French domestic business
- Operation squeezed by discount carriers, high-speed rail
Capacity cuts will amount to 15% of the short-haul network.
Photographer: Marlene Awaad/BloombergThis article is for subscribers only.
Air France plans to cut as many as 465 jobs as it slashes short-haul capacity in a bid to stem losses amid competition from low-cost airlines and high-speed trains.
The biggest division of Air France-KLM Group will eliminate the positions on French domestic routes over the coming year, it said in a statement Monday. Consultation with unions and other stakeholders will commence soon and there will be “no forced departures,” it said.