Breaking Travel News

Air France restructures business

Air France restructures business

Air France has revealed plans to change its management structure in a bid to become more competitive and customer focused.

The three-year plan, ‘Transform 2015’, will see Air France-KLM seek to reduce operating costs by €2 billion to cover debts.

Air France will be split into eight business units - long-haul; medium-haul at Paris-CDG; Paris-Orly and the regional airports; the French Regional Hub; Transavia France; cargo; industrial operations; and Servair from January 1st.

Each business unit will notably be responsible for controlling costs in its area of management as well as following up the implementation of Transform 2015.

Meanwhile passenger operations, generating a major part of the Group’s turnover, will be organized into three business units: long-haul; medium-haul at Paris-CDG and Paris-Orly and the regional airports.

ADVERTISEMENT

“Customer focus, reactivity and team work are our guiding principles that have led us to choose this organization,” stated Alexandre de Juniac, Chairman and CEO of Air France.

“It aims to favour the roll-out of Transform 2015 and meet its ambitious objectives of a return to competitiveness and a more upmarket positioning of its products and services,” de Juniac concluded.