French airlines to cut 1,300 jobs
Two French airlines AOM and Air Liberté, are to cut 1,338 jobs, according to trade union representative, Paul Fourier.
The airlines, which are jointly controlled by the Swissair Group and France’s Marine Wendel, have around 5,000 employees in total.
AOM/Air Liberté chief executive, Marc Rochet, was expected to announce details of the restructuring programme for the airlines on Monday.
At the end of April, the owners agreed to keep the loss-making airlines solvent until the end of June.
Marc Rochet has said that he has already met with five or six parties that are interested in taking over the airlines. He was appointed in February to stem financial losses that he puts at SFr100,000 ($57,000) per hour.
He’s already conceded that job losses are inevitable despite opposition from the French government.
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