Thursday, January 22, 2015

Air France management plans to cut 800 positions – Le Parisien

Air France management plans to cut 800 positions – Le Parisien

22 Jan 2015 12:16 |. Update: 22 Jan 2015, 3:22 p.m.

. This figure was confirmed by management in the early afternoon. “The Air France management will present at a CEC (central works council) standing in the first half of February of personal voluntary redundancy plan projects on the ground and cabin crew, the scale would be in order of 800 positions, “says the company also plans to revise down the growth of its fleet and its capabilities.

The voluntary redundancy plan (POS) will be” limited to ground staff and cabin crew “(flight attendants), said an elected CEC. “There will be a POS to absorb excess staff identified the end of 2014″. In detail, 500 employees in ground staff and 300 flight attendants and stewards (cabin crew) would be affected. In addition, each year approximately 1,000 retirements are not replaced in Air France (Air France, Hop !, Transavia France).

It should be launched “probably this year,” added the source. Clarification could be made at the next session of the Central Committee, scheduled on 5 February. Unless the company expects the annual results of Air France-KLM, February 19.

The Franco-Dutch group rocked in September by a pilots’ strike which cost nearly € 300 million on December 18 warned that its results would be worse than anticipated. This was his third profit warning of the current year. For several months, its leaders prepare minds to the possibility of a new cut in the workforce, which amounted to about 65,000 employees in late 2013 for the only group Air France (the traditional company and its subsidiaries).

In the month of May, the head of the Air France, Frédéric GAGEY hinted that further losses could lead to further job cuts. “The goal remains a return to breakeven this year (2014). If it were lost, it would be back to the wall, which would change the terms of the social dialogue “, he declared. Engaged in a cost reduction policy, Air France has eliminated nearly 8,000 jobs since 2012 and the launch of the Transform 2015 restructuring plan A voluntary separation plan in progress ends in late March.

In January , management has announced a new plan: “Perform 2020″. The objective was to give new life, growth orientated. But the latest financial results provide little incentive for optimism. “Initially, Perform in 2020 was to work primarily on growth, while continuing to make the savings. Except that instead we start on the second point; First economies and, afterwards, we speak of growth, “said CEC before its Secretary General, Didier Fauverte (CGT).

To save money, in addition this new social, the company has several options: stop some unprofitable lines, reduce investment, slow the rate of receipt of new aircraft and ensure the development of its low-cost subsidiary Transavia, … Alongside the savings measures Air France-KLM aims to reduce its debt, assuming a target of 4.5 billion euros at the end of 2015 against 6.5 billion in early 2012,

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