Air France strikes cost company €170 million in losses


Air France-KLM said Tuesday the seven days of staff strikes had cost the company nearly €170 million ($209 million) losses on operating income.
Pilots, cabin crew and ground staff of Air France have been striking to demand a wage increase.
"The impact on Air France operating income of the seven days of strike between February 22 and April 11, 2018 is estimated around 170 million euros," the group said in a statement.
At least 10 unions called for the strikes in a bid to put pressure on the management to increase staff salaries by 6 percent across the board.
The Air France management deems the increase as "impossible" and has put on the table a draft agreement providing a general increase of only 1 percent to be paid in two stages. 
The industrial action is set to continue on Tuesday and Wednesday with the carrier estimating that one flight out of four would be cancelled on Tuesday.
Further strikes are planned on April 17, 18, 23 and 24.

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