InternationalLink

Dutch arm of Air France-KLM 'to shed 7,500 jobs'

Press reports say KLM is struggling with 4.4 billion euros in outstanding debt, while the airline's French arm recovers from a costly pilots' strike.

La rédaction de Mediapart

This article is freely available.

The Dutch arm of Air France-KLM is planning to slash 7,500 jobs - equivalent to a quarter of its workforce - largely through outsourcing, reports TravelWeekly.

The move is expected to be announced tomorrow with the release of Air France-KLM's quarterly earnings, Reuters quoted Dutch newspaper Algemeen Dagblad as reporting.

The publication cited the head of the trade union for airline personnel in the Netherlands, De Unie.

KLM hopes the measure will help it cut 4.4 billion euros in outstanding debt by reducing costs.

Air France-KLM’s plans to grow its budget brand across Europe angered pilots at the French arm of the business, who went on strike for two weeks in September, costing the company some 500 million euros.

Read more of this report from TravelWeekly.