India Post News Paper

Blog

 Breaking News

French govt confirms massive job cuts at flag carrier

French govt confirms massive job cuts at flag carrier
July 02
12:04 2020

PARIS: The French government has confirmed that flag carrier, Air France would cut nearly 7,600 posts due to the COVID-19 pandemic, calling on the airline to make as few compulsory redundancies as possible.

Local media reported that the flag carrier would slash its workforce by 40 per cent by 2022 as the pandemic has badly hit international travel, reports Xinhua news agency. In detail, Air France planned 6,560 layoffs, including 430 pilots, 1,560 flight attendants and more than 4,500 ground staff.

It would also cut 1,025 jobs at its domestic carrier Hop!.

“Indeed, these figures were presented yesterday in an extraordinary company meeting. These figures depend a lot on the enterprises’ devices and the traffic’s resumption,” Minister of State for Transport Jean-Batiste Djebbari on Wednesday told BFMTV news television.

The French state, which owns 14.3 per cent of the French-Dutch venture Air France-KLM group, called on the airline’s executive officials to reduce forced redundancies as much as possible by favouring voluntary departures.

In April, the French government has offered a 7-billion-euro ($7.91 billion) aid package to rescue Air France, whose planes have been grounded by virus lockdowns around the world. “It is not seven billion, as I have heard, to pay for redundancy plans, it is seven billion to be able to survive, to be able to pay wages at the end of the month,” the Minister said, adding that “Air France is losing hundreds of millions of euros every month”.

In its last published traffic data, Air France posted a 52.5 per cent drop in revenues after it had carried 58.8 per cent fewer passengers in March than the same month in 2019.

Comments

comments

About Author

India Post Newspaper

India Post Newspaper

Refresh yourself every morning with India Post news coverage, videos & photos in India Post News Paper. Check out the news stories from India and the World.

Related Articles

EPAPER – LATEST EDITION – July 01st, 2022

ADVERTISEMENT – ZEE5

ZEE 5 Dhakaad

ADVERTISEMENT – CALTRANS

Caltrans Near Me

ADVERTISEMENT – SHEA HOMES

Shea Homes

ADVERTISEMENT – SKYRIVER CASINO

Skyriver Casino 2022

ADVERTISEMENT – 22BET

22Bet Casino

DROUGHT EMERGENCY – WATER USE RESTRICTIONS

DROUGHT EMERGENCY - WATER USE RESTRICTIONS

POPULAR CATEGORIES

50 SPIRITUAL APPETIZERS – VINOD DHAWAN

50-ad-Indiapost

It’s a lovely book. It feels energetically clear and light. It’s easy to read, dip in and out and most importantly it offers information without fluff! Blessings on this project.

Jac O’Keeffe
Spirituality teacher based in USA.

*Available on Amazon, Flipkart & other online stores*

Download Media Kit

India Post Media Kit