THURSDAY AUG 18, 2022
×
Search AeroXplorer
Air France to Cut 6,500 Jobs by 2022

Air France to Cut 6,500 Jobs by 2022

BY KYLE JONAS 19222d AGO 0 COMMENTS

According to multiple sources, Air France "aims to present a plan to trade unions to cut just over 6,500 jobs over the next two years." In addition to the 6,500 employees set to be released, which includes pilots, flight attendants, and ground staff, HOP! which is a small airline that is owned by and part of Air France, plans to cut around 1,000 jobs. 

 

Air France Boeing 777-300ER
Air France plans to cut 6,500 jobs by 2022. Phan Phuong Phi

 

The flag carrier of France is cutting capacity and portions of their route network that has recently taken a toll on the company's profit, due to decreased travel as a result of the Covid-19 pandemic. Although some employees would be let go, around 3,500 of the lost jobs would be from retirement. 

 

Air France CEO Ben Smith has "sought to cut costs, improve French labour relations and overcome governance squabbles between France and the Netherlands, which each own close to 14% of the group." KLM does not trust the French airline, and is worried they will abuse the Dutch funds. Both sides of the partnership have had disagreements in the past; the agreement has had a history of spontaneous policies being enacted without permission from the other side. You can read more about the situation here: https://seekingalpha.com/article/4356353-air-france-klm-political-mess

Air France Boeing 777-300ER
Air Frane and KLM are having a dispute. Isaac Kho

 

Additonally, British Airways plans to cut around 12,000 jobs, EasyJet is cutting over 4,000 jobs, and the Lufthansa group is also cutting the equivalent of 22,000 full time jobs, or around 16% of their staff. 

 

What are your thoughts on AIr France cutting so many jobs?

https://www.reuters.com/article/us-air-france-klm-layoffs-idUSKBN24124K

Kyle Jonas
Kyle is a high-school age aviation enthusiast born in Washington, D.C. but living in Chicago. He has always loved aviation. He lives right in between the approach paths for ORD and MDW, so he can watch the wide variety of aircraft land from his house. He hopes to become a commercial pilot when he grows older. In addition to aviation, Kyle likes baseball and running.

Comments (0)

Add Your Comment

SHARE

TAGS

NEWS Air France KLM Airline Aviation HOP! Covid-19 Coronavirus Job Cut Job Aviation Airline

RECENTLY PUBLISHED

Air Canada Announces Acquisition of Two Freighter Aircraft Buoyed by a 42% growth in cargo revenues, Air Canada is stepping up its game in the freight market by expanding its fleet with two new Boeing 767-300F freighters expected to be delivered later this year. This announcement was released during a presentation about the company's Q2-2022 financial results, a move that emphasizes the importance of its expanding freight business. NEWS READ MORE »
Boeing Resumes 787 Deliveries After One Year Lull After resolving a plethora of quality control issues, the FAA cleared the resumption of Boeing 787 deliveries. As a result, American Airlines received the first Boeing 787 delivery since 2021 on Wednesday, marking a new era. NEWS READ MORE »
Breeze Announces Expansion Into Phoenix Breeze Airways announced its plans to launch service to a new city, Phoenix. Additionally, it also strengthened its route network by adding new routes from existing destinations. ROUTES READ MORE »


SHOP

No products currently listed.

FOLLOW US ONLINE