DHAKA: Air France KLM is reported to be cutting 2,900 jobs after talks with pilots unions were unsuccessful.

Air France would not confirm the number of cuts, but said it would present a cost-cutting plan on Monday.

Profits at the airline have been hit in part by strikes by pilots, who have been protesting over the expansion of its budget subsidiary.

It also faces stiff competition from low-cost rivals as well as airlines in the Middle East.

Air France said after a board meeting that it had decided to implement a new restructuring plan in order to accelerate its recovery, reports the BBC.

BDST: 1148 HRS, OCT 03, 2015
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