19 Nov 2009

Air France-KLM plans more job cuts

1:21 pm on 19 November 2009

Europe's biggest airline is planning to cut 1700 jobs next year, after it posted a worse-than-expected quarterly loss.

Air France-KLM made made a $US220 million loss in the September quarter, almost double the loss analysts had predicted, the BBC reports.

Passenger traffic has been hit during the recession, and the airline has also had to deal with safety concerns, after one if its planes crashed off the coast of Brazil in June killing more than 200 people

The airline axed 2700 jobs in its last financial year, is cutting 3000 more this year, and will ask workers to take voluntary redundancy next year.