Air France will reduce flights by about 50 percent from Monday as pilots begin a one-week strike over company plans to cut costs to recapture market share from budget airlines, its chief executive said on Saturday, reports Reuters.
Speaking to France Inter radio, François Gagey repeated that the strike, which could run until Sept. 22, would cost the airline between 10-15 million euros a day.
Europe's second-largest traditional carrier by revenue said in early September it would move ahead with a plan to open new bases in Europe under the Transavia brand to recapture market share from low-cost carriers and Middle East rivals.
"On the basis of what we have now, I think we shall only be able to operate roughly 50 percent of flights," Gagey said.
"The passengers will be informed and we ask them, if possible, to change their tickets to avoid this period which is a little uncertain," he said.
Read more of this report from Reuters.