An Air France passenger jet taxis on a runway at the Charles de Gaulle International Airport in Roissy, France. REUTERS/Stephane Mahe
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Air France was drawing up plans for thousands of new job cuts and bracing for fresh labor conflict Friday after a deadline passed for getting an agreement with pilots on proposed productivity improvements. Chief Executive Alexandre de Juniac warned of "significant" job cuts as the French arm of the Franco-Dutch airline Air France KLM met to discuss a "Plan B" to restructuring proposals that have been backed by the rest of its 64,000 staff.The cuts equate to 4.9 percent of the workforce of Air France or 3.1 percent of the entire Franco-Dutch group, formed from a merger of Air France and KLM in 2004 .Shares in Air France-KLM rose 2.4 percent, outpacing a firmer European market.
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