Air France and sister airline to cut 7,580 jobs – ZAWYA

Air France and sister airline to cut 7,580 jobs – ZAWYA

Air France and sister airline to cut 7,580 jobs | ZAWYA MENA Edition HomeEconomyGlobalArticleAir France and sister airline to cut 7,580 jobs French flag carrier had lost $16.8mln a day during the worst part of the crisis    The first Air France airliner's Airbus A350 prepares to take off after a ceremony at the aircraft builder's headquarters in Colomiers near Toulouse, France, September 27, 2019.PARIS, July 3 (Reuters) - Air France confirmed plans to cut some 7,500 jobs including 1,000 at sister airline HOP! on Friday, as staff protested over its response to the collapse in travel due to the coronavirus pandemic.The French flag carrier, part of Franco-Dutch group Air France-KLM, said it had lost 15 million euros a day during the worst part of the crisis, which also saw its revenues plunge by 95%. It did not see traffic returning to 2019 levels before 2024.As a result, it plans to cut 6,560 or 16% of jobs at the main airline by the end of 2022, more than 3,500 of which will come through natural departures, it said after union talks.The French flag carrier, part of Franco-Dutch group Air France-KLM, said it had lost 15 million euros a day during