Air France to cut flights by 50 percent on Monday as pilots strike

Air France will reduce its number of 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. Speaking to France Inter radio, Francois Gagey repeated that the strike, which could run until Sept. 22, would cost the airline between €10 million ($12.9 million) and €15 million a day.

The passengers will be informed and we ask them, if possible, to change their tickets to avoid this period which is a little uncertain.

Air France CEO, Francois Gagey

Air France, which has issued a profit warning in recent months, is hampered by powerful unions in their efforts to lower costs. 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. The airline has said it is open to negotiation on benefits tied to seniority and incentives for Air France pilots who transfer to Transavia, but will not yield to trade unions demanding that the labour contracts of Transavia pilots carry the same terms as those flying under the Air France brand.

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