DISMISSAL: Air France to fire more than 5100 employees
The cut of jobs at Air France reflects similar decisions in other European airlines, such as Deutsche Lufthansa, which is trying to decrease the fixed costs in order to cover the rise in the fuel price, sais The Wall Street Journal.
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Air France plan is part of a three year restructuring program of Air France-KLM, which aims to restore the company’s profit and reduce debt by about two billion euros.