Air France's share price plunged almost 13% at the open on Monday and was trading 10.9% lower at 7.21 euros in the early afternoon in Paris amid questions about its future management and direction.
"Air France will disappear if it does not make the necessary efforts to be competitive", he said, ruling out any government intervention to cover the company's debts.
France's economy minister on Sunday warned that the survival of Air France was now in the balance and could "disappear".
CEO Jean-Marc Janaillac's attempt to cut costs at the carrier to keep up with competition from budget airlines and Gulf rivals ran into strong union resistance, as had his predecessor's efforts, raising questions over its ability to reform. On medium-haul flights to and from Paris-Charles de Gaulle, the percentage drops to 80%, while it expects to operate 87% of short-haul flights to and from Paris-Orly and the rest of the regional airports.
Others, including the more moderate CFDT union, which had urged Air France to back management's pay proposal, warned that "dialogue was blocked" and said the SNPL was too inflexible.
Unions want a 5.1% pay rise this year, arguing that their wages have been frozen since 2011 amid restructuring and noting that the company's profits are up.
Swansea has missed out on the chance to ease its relegation fears after losing at Bournemouth 1-0 in the English Premier League . Huddersfield , Swansea and Southampton are all sandwiched in between them and looking for a win and a top-flight lifeline.
The district said Director of Academics Brian Luciani will step in for Tramaglini, who has served as superintendent since 2015. School officials say for the past couple of weeks they found human feces outside of the school on a daily basis .
America's European allies continue to back the deal, saying it has been essential to reining in Iran's nuclear program . Energy stocks rose as crude oil prices traded above $70 a barrel for the first time since November 2014 .
The next addition to the V-Series is set to be the V35 ThinQ and, right on cue, we may have our first look at the phone . The Super Far-Field Voice Recognition picks voice from up to five meters or 16 feet away, even in noisy environments.
Toronto had the East's best record, the No. 1 seed, home-court advantage and a Cleveland team that appeared very beatable. He inserted 6-foot guard Fred VanVleet and benched forward Ibaka, going with a smaller lineup to push the pace.
Hundreds of demonstrators tried to reach the site of the standoff and threw rocks at troops in a bid to help the trapped fighters. Police also foiled the protest march by traders to Civil Secretariat who were protesting against the Shopian killings.
Deadpool 2 is an upcoming American superhero film based on the Marvel Comics character Deadpool , distributed by 20th Century Fox. Fun and quite irreverent, Ranveer and Ryan's Deadpool banter is nothing short of fabulous and adds tons of appeal to the film.
Italy's Elia Viviani produced a late stunning sprint to win a thrilling Giro d'Italia second stage in Tel Aviv on Saturday. I felt like throwing up after about 500m and eventually lost a minute and 14 seconds to Dumoulin to finish 116th.
Needless to say, his speech angered many. "They have knives, and instead there's blood all over the floors of this hospital". They put out an official statement disapproving his statements on Saturday.
However, Golovkin questions if the September fight will happen because Alvarez is not now in a drug testing program. The NSAC suspended Alvarez for six months April 18 for failing two performance-enhancing drug tests in February.
Man United-Ferguson, 2nd Ld-Writethru,178
Warm wishes have flooded in for Sir Alex Ferguson , who is in intensive care after suffering a brain haemorrhage . In a statement on Liverpool's website, a spokesperson said Sir Alex was "a great rival but also a great friend".
WWE Backlash: The Two Superstars To Join The Preview Show
For the first time since 2009 Backlash will feature as a dual-branded show as WWE roll into its fifth pay-per-view event in 2018. WWE Backlash , unlike others, will be a 3-hour event, and it will be broadcasted live from Newark, New Jersey on Sunday 6th.
Hondurans lose protected status, face deportation
Countries are added to the list as circumstances warrant, with renewals of TPS coming usually around every 18 months. The Department of Homeland Security ended the "temporary protected status" for about 57,000 Hondurans .
Facebook launch new feature
As we noted yesterday , when Facebook launches its service, it wants to make it as noninvasive as possible. It also, apparently, will bypass the embarrassment of asking someone you already know to go on a date.
Black and Hispanic Unemployment in America Reach Record Lows
Manufacturing employment has risen by 245,000 over the year, with about three-fourths of the growth in durable goods industries. Consumer prices rose at a year-over-year pace of 2.4 percent in March, the sharpest annual increase in 12 months.