Air France to restructure medium-haul division

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By admin August 26, 2014 14:49

Air France to restructure medium-haul division

Air France is reported to be considering a major overhaul of its medium-haul network as part of its new “Perform 2020” five-year growth plan. The market segment accounts for 40% of the airline’s overall revenue but, despite four years of its “Transform 2015” comprehensive transformation plan, has yet to return to profitability.

French media reports that Air France will transfer its entire European leisure market to its budget subsidiary, Transavia France, while all non-Paris CDG point-to-point services will operate under the HOP! brand.

Air France will transfer most of its Paris Orly domestic routes and some European destinations to HOP! from next summer. In anticipation of the move, Air France will equip HOP!’s fleet with twenty of its A320-200s, operated by Air France crew.

admin
By admin August 26, 2014 14:49