Rent a car in France

In light of having a worse than expected quarterly loss, the well known carrier Air France has unveiled its latest plans to cut another 1,700 jobs next year. The carrier says that these cuts are having to be made in light of the fuel hedging losses and poor cargo traffic that has been seen because of the recession. Overall, the airline will have cut 3,000 jobs in the year to March 31, 2010.
Air France, which just so happens to be Europe’s largest airline, said that it reported a net loss of about €147 million in the quarter ending September. This [...]

Lufthansa’s deputy and CEO, Christoph Franz, has just recently revealed that Lufthansa will overhaul its European economy class product next year in a bid to cut costs. The main development is that passengers will see their seat pitch reduced. This will be done so that the German national carrier can put more passengers on every flight, thus being able to reduce ticket prices.
Many airline experts point out that Lufthansa is being forced to make these changes to fit more passengers on planes in order to keep ticket prices low. Right now most airlines are losing a lot of money, because [...]

The carrier Aer Lingus has now admitted that it needs more voluntary redundancies. They went on to say that if they do not get the redundancies that they need, then more cuts will have to be made but by force. The Irish carrier, which is currently in talks with unions, said that it has been able to save €97 million under its Transformation Plan. This does include €74 million on staff costs and €23 million in other areas.
Some experts are saying that Aer Lingus could be looking to get rid of about one fifth of its workers. The carrier went [...]

UK travellers visiting abroad dropped by a huge 14 percent in the year to the end of September, with total numbers reaching 60.8 million – a drop of 9.8 million.
Inbound travel numbers were also affected with a 9 percent decrease registered, meaning a drop of some 3 million to reach the total of 29.9 million overall.
The sharp decline was headed by inbound business travel to Britain in the past year which fell by 24 percent. Outbound business travel fell by 16 percent in the past 12 months compared to the previous year. The results were aided slightly by Holiday travel [...]

Whilst strongly denying that Lufthansa will become an economy airline on a par with Ryanair and easyJet the German carrier has said that it will be making changes to its economy class to ensure that it will be able to cut costs in the future. The airline has said that it plans to redesign its [...]

On Wednesday, Air France-KLM announced a loss of €147 million for the second quarter, forcing the group to declare that it would be cutting up to 1,700 jobs.
The massive second quarter loss represents a five-fold increase on last year’s second quarter loss of €27 million. In the six months of operation up till the end of September the total operating loss for Air France-KLM was a staggering €543 million with the negative impact of fuel hedges being the main cause of the fall.
Air France-KLM is Europe’s largest airline in revenue and claimed that the recession and reduction in premium traffic [...]