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Air France to cut around 1,500 jobs through voluntary departure plan
Air France says it plans to cut around 1,500 jobs through a voluntary departure plan that the French air carrier said was made necessary by the global economic downturn.
- AP
- Published: 15:42 September 4, 2009
Paris: Air France says it plans to cut around 1,500 jobs through a voluntary departure plan that the French air carrier said was made necessary by the global economic downturn.
In a statement Friday, Air France said it would present details of the plan to employee representatives at a meeting scheduled for October 21.
At the end of last year Air France employed 57,000 people.
The cuts are aimed mainly in the airline's air freight business, which is "very affected by the sharp decline in global trade," Air France said.
The cuts come as Air France reduces cargo capacity by 15 percent and its passenger capacity by 5 percent in response to falling demand, the airline said.
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