August 1, 2021 3:49 pm ET
July 3, 2020 7:06 pm ET -
Air France Set to Slash 7,850 Jobs Amid Pandemic
During a central social and economic committee on July 3, Air France announced a dramatic workforce restructuring plan. The company will cut 7,850 jobs including 6,560 at Air France and 1,020 at the short-haul subsidiary HOP!, equating to more than…
June 11, 2020 1:46 pm ET -
French Government Approves 15 billion Euro Rescue Package
The French state continues to distribute aid to economic sectors impacted by the COVID-19 pandemic. After implementing a plan of 18 billion euros to save the tourism industry and another 8 billion euros for the automotive industry, it was the…
May 20, 2020 12:11 pm ET -
Air France Announces Immediate Retirement of A380 Fleet
Air France has announced it will immediately retire its Airbus A380 fleet following the impact of the COVID-19 crisis. The airline was due to retire nine A380s from its fleet by 2022, however, the French flag carrier has brought this…
May 20, 2020 8:00 am ET -
Air France Begins Progressive Resumption of Flight Schedule
Air France has announced that it plans to gradually resume its flights between now and the end of June as demand for air travel begins to rise. The French carrier is currently operating between three and five percent of its…
May 12, 2020 8:00 am ET -
ATR CEO Sees Production Cuts on the Horizon
Following the lead of other major manufacturers in the aviation sector, Franco-Italian aircraft builder ATR has started laying the groundwork for its own slowdown of construction of new planes as the coronavirus continues to plague the industry. The aircraft manufacturer’s…