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Air France cuts workforce by 7.580

Air France intends to cut its workforce by 7.580, becoming another airline that has to adapt to the post Covid-19 situation. Earlier, it was expected that up to 8.300 staff had to go, so the announcement on July 3 is little consolation to those effected. The French...

Air France-KLM: -1.8 billion Q1 loss and worse to come

Air France-KLM recorded deep-red results for Q1 2020, reporting a EUR -1.803 billion net loss including exceptional items. It felt the impact of the Covid 19-restrictions especially in March, which doesn’t bode well for Q2 when the situation has been even more...

Air France-KLM given a 9-11 billion lifeline

Air France and KLM will benefit from a combined EUR 9 to 11 billion in state aid from the French and Dutch governments, both announced separately on April 24. The package will give the Franco-Dutch airline group much-needed liquidity to bridge at least the next couple...

Air France-KLM cuts deeper and negotiates state aid package

Air France-KLM confirms it is in in-depth discussions with the French and Dutch governments and financial institutions about strengthening its liquidity position, the Group said on April 9. The airlines are implementing additional cost-cutting measures but without...

Are aging fleets a problem?

With another two stories today about in-flight component failures (Southwest, Sichuan), we are being reminded that...

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