Is the survival of Air France threatened?

The French company has had to face aggressive competition on all fronts. On the one hand the companies Gulf and Southeast Asia over the long-haul. Then, on the medium-haul market, with the race for cheap low-cost airlines, which have quickly gained significant market share by practicing unbeatable prices through production costs calculated as accurately.

On the short-haul, the TGV (High Speed Train) has won the bet. This new situation required "to completely rethink the business model of a company. Those that are agile manage to rehabilitate and those lacking agility suffer," said an expert.

Since 2008, the company accumulates losses. She should return to profitability this year after a first restructuring plan "Perfom 2015," which reduced the workforce by approximately 5 500 positions in 3 years. But for direction, further efforts are needed, particularly in terms of productivity for pilots to resume growth.

Source : Ouest-France