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AIR FRANCE-BRITISH AIRWAYS MERGER SHOULD PROVOKE 16.500 DISMISSALS
PARIS, According to a research of Commerzbank the planned merger between British Airways and Air France could provoke the dismissal of 16.550 employees of the two companies, because the reduction of staff is essential for agreements of merger between the two carriers. Cuts would burden on balances for nearby one million pounds, but in long period they would allow to save 525 million pounds. Unions...
AVIONEWS - World Aeronautical Press Agency