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Air France cuts 7,500 Projects and sparks criticism of 7bn state bailout

Air France has now announced it intends to cut 7,500 jobs since the coronavirus lockdown continues to send shockwaves throughout the airline market.

The majority of the losses are anticipated to take place by not replacing retiring and resigning employees, the business said on Friday – through voluntary departures will be invited before redundancies.

The conclusion comes as Air France demonstrated its visitors had dropped 95% during the peak months of this pandemic, resulting in losses of $15 million daily.

This isn’t anticipated to be retrieved until at least 2024.

A $7 billion country bailout has been granted a month to save the airline, however, this has since triggered anger since the conversation of job reductions arose.

Additional campaigners say the French authorities should not have consented to the fiscal bundle without protections in place to preserve tasks.

“The country bailout funds are welcomed, however, they need to remain bailout funds and should not contribute to ruining a little more of the business,” Guillaume, 51-year-old Air France pilot, told Associated Press.

“The bailout funds have to be utilized to reconstruct Air France since they need to help reconstruct different businesses, large companies in addition to small and midsize businesses, liberal professions, the culture industry, etc., everything which represents a country in actuality, a nation. It mustn’t be utilized to boost unemployment and place individuals into poverty.”

Guillaume was one of the protesters that gathered out Air France’s headquarters in Paris’ Charles de Gaulle Airport on Friday as discussions started over the job reductions.

For Greenpeace France, the job cuts would be caused by poor decisions from the French authorities.

“The government is now an accomplice of those decisions made by the management of Air France,” explained Sarah Fayolle, transportation campaign director at Greenpeace France.

“Supporting the firm using 7 billion euros without needing powerful and restrictive conditions, both environmental and social, has been an irresponsible choice.”