Air France has reported that at the height of the
COVID19 crisis, thus far, it was losing 15 million euros
Recovery looks set to be very slow and the airline
has predicted, that even on the basis of ambitious recovery
assumptions, it will not see the same level of activity as in 2019
The support of the French State, in the form of
guaranteed loans amounting to 7 billion euros, will enable the
group to withstand the crisis in the short term and is accompanied
by strong commitments to ensure its sustainability, but the
airline still needs to
continue reducing its external and internal costs.
Air France has forecast that it will need to
layoff 6,560 jobs by the end of 2022 out of a current
total of 41,000 employees.
For HOP! the resizing of activity and the
restructuring of the company linked in particular to the
simplification of the fleet will lead to a reduction of 1,020 jobs
over the next three years out of the current 2,420 employees. Taking into
account the estimated number of natural departures, the
overstaffing figure remains at around 820 at the end of 2022.
Air France and HOP! are now working with the
unions to implement plans that give priority to voluntary
departures, early retirement arrangements and professional and