Air France finalizes strategic business plan

Alexandre de Juniac, chairman and CEO of Air France, will present the airline’s finalized strategic business project to the Central Works Council and the company’s management today, with its impact on jobs and planned methods of handling excess staff numbers. Air France has a dual ambition: to restore its competitiveness and reposition its products and services at the best possible global level while at the same time developing its leisure offering. The airline has also made the demanding choice of maintaining the outline of its scope of activity, which implies in order to be viable, given the company’s financial position, a 20% improvement in economic efficiency. At the end of June, Air France will be presenting new framework agreements for signing by the various professional organizations. If they are signed, Air France has pledged not to make redundancies and to implement various measures to support the necessary reduction in staff numbers. This project is part of the Air France KLM group’s recovery plan where both airlines are implementing transformation measures to ensure the group rapidly returns to breakeven. Air France’s strategic business project, the first parts of which were presented on May 24, has five main areas: Restructure short and medium-haul operations; Redress and reposition long-haul operations; Optimize airport services and their economic efficiency; Accelerate transformation at the cargo division; Develop growth sectors in maintenance and optimize aircraft maintenance.