AIR FRANCE LOSES MORE THAN €220 million due to the strike
- Apr 19, 2018
- 1 min read
The strikes has cost Air france quite a lot, Air France has put the total cost of the conflict – which has involved nine days of strikes since 22 February – at more than €220 million.
Staff and management at the French carrier have been locked in a dispute over pay since February.
Unions say workers deserve to benefit from years of belt-tightening that have returned the carrier to operating profitability, after seeing their wages effectively frozen since 2011.
Management says it cannot afford their demands of a 5.1 percent increase this year, saying it would undo the benefits of the restructuring efforts.
It is offering an increase of two percent for 2018, with another five percent staggered between 2019 and 2021.
Many flights has been canceled since the strike started stranding thousands of travelers.
Even Air France chief threatens to resign if strikes continues
Comments