Air France-KLM announced (25-May-2012) plans to increase productivity by 20% by 2015 under its turnaround plan, Transform 2015. The airline plans to achieve the productivity increase through using principles established at its regional bases at Marseille, Toulouse and Nice, including increased aircraft utilisation by one hour per day and assignment of more flights per rotation to crews. The productivity improvements from these measures will allow the Group to remove 34 aircraft from its short- and medium-haul fleet by 2014 (excluding Transavia France) while maintaining "the same number of available seat kilometres and maintaining the quality of its product". Air France has been in negotiations with employee unions since Mar-2012 regarding the productivity increases and aims to sign new collective agreements with staff at the end of Jun-2012. [more - original PR]
Air France: “Air France now has a tailored industrial and strategic project. The objectives are ambitious but feasible. The conditions for success are clear: Air France needs to renovate its organization and increase productivity by 20%. To achieve this, we have underlined the importance of social dialogue. I am confident in the commitment of all our employees in reaching our objective: to place Air France back on the path of profitable growth, optimize customer service and consolidate its future in a context of extremely fierce international competition,” Alexandre de Juniac, chairman and CEO. Source: Company Statement, 24-May-2012.