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Air France discloses restructuring plan for productivity

By Editor
09 October 2015   |   4:27 am
DETERMINED to implement a productivity measures that would restore long-term profitability to the airline, Air France has launched a restructuring plan of its long-haul network. Speaking on the progress update on the perform 2020 plan, the Chairman and Chief Executive Officer, Air France, Frederic Gagey stated that the Group strongly condemns the physical attacks that…

Air-France---CopyDETERMINED to implement a productivity measures that would restore long-term profitability to the airline, Air France has launched a restructuring plan of its long-haul network.

Speaking on the progress update on the perform 2020 plan, the Chairman and Chief Executive Officer, Air France, Frederic Gagey stated that the Group strongly condemns the physical attacks that took place on the fringes of this Works Council, which were perpetrated by particularly aggressive isolated individuals.

He added that these events have not altered management’s determination to pursue discussions with the unions at any point aimed at implementing the most efficient and constructive path to recovery for the Group.

According to the airline, Air France’s long-haul capacity would decline by 10 per cent between 2015 and 2017. At the level of the Air France-KLM’s passenger network business, capacity would fall by 2 per cent between 2015 and 2017, compared with a previous expectation of around 3 per cent growth.

It noted that the plan currently foresees the closure of five routes and the cancellation of 35 weekly frequencies by 2017.

While, the schedule modifications will focus on routes where losses are highest, serving principally Asia and the Middle-East. The impact on the commercial footprint of the Group will be minimal, among others, to the numerous partnerships in the relevant markets.

Furthermore, Air France’s long-haul fleet will be scaled back by 14 aircraft, from 107 aircraft in operation during summer 2015 to 93 in Summer 2017.

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