Latest update: 14/02/2009 

- airlines - financial crisis - France - unemployment


Air France losses force job cuts
Comments (1)

AF needs new financial planners

Air France has priced themselves out of the market. We usually fly AF between the States and Paris. But over the past few months, their cheapest fare for common routes has gone from around $1000, to currently over $2000 -- which is double the price of their competition. We would not mind paying a 10% premium to fly AF. But we will NOT pay double the price. With the strengthened dollar and vastly cheaper fuel prices, AF fare pricing is counterintuitive, if not absurd...

This is a global recession. If AF believes they can maintain their viability by raising fare prices, they will surely continue their downward spiral and go bankrupt. That would be a shame.

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