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Pilot agreement boosts Air France shares

2012-08-17 12 Dailymotion

Air France-KLM's shares rose on Friday after its pilots backed proposals to alter their contracts and working conditions.

That is part of the airline's three-year restructuring plan, aimed at reducing operating costs and debt.

Ground staff at Air France-KLM have already approved similar restructuring measures, leaving only cabin crews in opposition.

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