France

Air France to Streamline Operations and Reduce Staff

24 May 2012

Air France said it would overhaul its fleet and beef up its Transavia low-cost airline in the face of rising competition and fuel bills.

Air France-KLM admits overstaffing problems

24 May 2012

Air France-KLM, the struggling Franco-Dutch airline group, warned Thursday it was overstaffed but said it was still seeking ways to avoid forced departures as part of its turnaround plans.

Moody's affirms France top rating

24 May 2012

International ratings agency Moody's affirmed its top Aaa rating on France Thursday but said it would watch closely the policies of new President Francois Hollande who favours growth above austerity.