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AIR FRANCE - KLM: Consultation with Air France pilots - massive vote in favour of the agreement opened for signature by Air France management

By GlobeNewswire,  July 17, 2017, 06:28:00 AM EDT


                                                                                                           

Roissy, 17th July 2017

Consultation with Air France pilots: massive vote in favour of the agreement opened for signature by Air France management  

Air France-KLM welcomes the result of the consultation carried out by the SNPL (Air France Pilots Union) with its members between 20 June and 17 July.

The majority of pilots took part in this consultation and over 78% supported the agreement opened for signature by Air France management.

This result paves the way for the creation of the new airline, the "Boost" project, in the autumn of this year, in line with the schedule originally announced. This agreement will be effective as soon as it is signed, in the next few hours.

A week after Air France's Cabin Crew agreement, this agreement is in line with the Trust Together project, which will enable the Group to continue its recovery and give it the means to resume the offensive.

"I welcome the spirit of responsibility shown by the Air France pilots. This agreement is the result of lengthy negotiations, which have resulted in a balanced compromise in favour of the interests of the company and all its employees. This milestone is part of Trust Together's growth and recovery trajectory, driven in particular by the project for the new airline", said Jean-Marc Janaillac, Chairman and CEO of Air France-KLM.

Investor relations                                                                                       Press

Marie-Agnès de Peslouan                     Dirk Voermans                                                

+33 1 49 89 52 59                                  +33 1 49 89 52 60                                  +33 1 41 56 56 00

madepeslouan@airfranceklm.com          divoermans@airfranceklm.com

www.airfranceklm.com

AFKLM: pilots vote in favour of the management agreement





This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: AIR FRANCE - KLM via Globenewswire



This article appears in: News Headlines

Referenced Stocks: AF, AF, AFLYY


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