Air France asks staff to accept "drastic" cost cuts

04/3/2012 | Reuters

In order for its short- and medium-haul operations to remain aloft, Air France workers must accept "drastic" cost cuts, the airline said Monday. Air France is looking to reduce its costs by 20%. "The goal is to return to break-even for point-to-point service in 2013 and for the entire short and medium haul business in 2014," the carrier said in a statement.

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