PARIS, Sept. 18 (Xinhua) -- France's flagship carrier Air France planned to raise its lay-off numbers from July's 2,600 to 2,800 in 2014 responding to the "weak demand" and stronger competitions, the air company announced Wednesday.
The slash of the jobs is part of the Air France-KLM, the Franco-Dutch airline's restructuring program, which is designed to lowering the airline firm's debt by 2 billion euros out of its 6.5-billion-euro debt (8.65 billion U.S. dollars) by the end of 2014.
Speaking to the press after a work meeting with union representatives on Wednesday, Managing Director Frederic Gagey admitted that the company will suffer a loss for the sixth year running in 2013, owing to the "weak demand".
He noted that negotiations with union representatives on the voluntary redundance is expected to start in October.
During the first six months of this year, Air France posted negative net results at 793 million euros due to a dim performance by the group's medium-haul and cargo operations. (1 euro = 1.33 U.S. dollars)