Strike-hit Air France's share price dives amid warning over its future

Air France staff held a 14th day of strike action over pay on Monday, three days after the national carrier's CEO Jean-Marc Janaillac resigned amid the dispute, estimated to have caused losses of around 300 million francs, and after warnings from France's economy minister Bruno Le Maire that the government will not step in to save the struggling airline from collapse. 

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Air France’s share price dived Monday after its CEO quit and the French government warned that the country’s flagship carrier might collapse, reports The Washington Post.