Air France-KLM boss to quit after staff reject pay deal

Jean-Marc Janaillac's decision has plunged airline into turmoil amid wave of strikes at its French brand that has cost company 300 million euros.

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Air France-KLM CEO Jean-Marc Janaillac said on Friday he would resign after staff rejected a pay deal, plunging the airline into turmoil amid a wave of strikes at its French brand that has cost the company 300 million euros (264.8 million pounds), reports Reuters.