The management of AIRFRANCE management and unions have announced they have reached a deal aimed at ending months of strikes that set the airline back EUR 335 million, the company said.
Five unions, representing 76.4 percent of the personnel, accepted management´s offer of a 4.0% pay rise to be spread over 2018 and 2019.
The main pilots´ union, which is holding out for a separate deal, did not sign the accord but AIRFRANCE said that it was nonetheless “considered valid and will be implemented.”
Under the final agreement, workers, who had asked for a 5.1% pay increase, will receive a 2.0% increase for 2018, retroactive to the start of the year, and a further 2.0% increase in January 2019.
AIRFRANCE is the French flag carrier headquartered in Tremblay-en-France. It is a subsidiary of the Air France–KLM Group and a founding member of the SkyTeam global airline alliance.