Page 58 - World Airnews News July 2020 Edition

BALLITO IS MY STORY
THE NORTH COAST IS OUR STORY.
NEWS DIGITAL

THOUSANDS OF AIR FRANCE

JOBS IN QUESTION WITH THE TIDES OF CHANGE

COME NEW OPPORTUNITIES

TO REWRITE YOUR STORY

The management of Air France has announced that
it will be presenting its re-orientation strategy for the
survival of the company to aviation industry unions this
month in July.
Next month's exceptional general meeting will also
address the consequences for jobs within the company,
following the collapse of the aviation sector during the
Covid-19 pandemic. losses could amount to between 8,000 and 10,000 redundancies,
Employees are waiting to hear exactly how many job losses there which accounts for between 15% to 20% of employees - figures
will be within the Air France-KLM group. that have been tallied by the economics daily Les Echos. t Seeff North Coast, we understand our unique market
A similar meeting regarding the future of Air France's regional Air France director general Benjamin Smith announced at the A nuances and offer unmatched local insight, expertise
airline Hop!’ is also due to take place on 3 July. The group's short end of last month that a plan to reduce internal flights by 40% and service to our clients.
distance carrier is also expected to be hard hit by the restructuring would be put in place between now and the end of 2021, along
plan. with the closure of several destinations when there is a rail Our offering is further enhanced by being part of a leading
According to unions, several thousand jobs are on the line, but alternative within two and a half and when this service does not National brand. All our Agents and Administrators undergo
most of the redundancies are expected to be voluntary, in the form reach the Roissy-Charles-De-Gaulle hub. continuous education and professional development to
of contractual terminations that will be negotiated by Air France The decision to restructure France's national carrier was made stay at the forefront of the real estate field.
personnel. after the French government granted Air France a financial rescue
Meanwhile, France's minister for finance, Bruno Le Maire has package of 7 billion euros, including 4 billion bank loans guaran- OUR CORE OFFERING INCLUDES: CLARKE BAY - BALLITO
called on Air France not to initiate ‘forced’ departures as part of teed 90% by the State and 3 billion direct loans.
its ‘transformation plan’, saying that that would be crossing a ‘red Following the bailout, Air France was told to improve its
• Residential Sales and Letting
line’. profitability and its environmental impact, and to start rethinking “Never before has our home been so
Neither Air France, nor Mr.Le Maire would confirm that the job its regional network in France. Q • Commercial Sales and Letting
valuable. A safe place to work, live, learn, laugh
• Rental Property Management
and grow. • Developments

So whether you are looking to Buy, Sell or Rent on
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AVIATION AFRICA ANNOUNCES North Coast, one of South Africa’s leading real
NEW DATES FOR 2021 estate and leisure hotspots.
As an area expert working with a market
CELIA TABB leading team, I look forward to being a part of
we can maximise the attendance at this like to ensure our customers and their
fast-growing event. customers can use events like Aviation BALLITO AREA EXPERT your next chapter.”
Events organiser has announced new “Allowing ourselves an extra two Africa to discuss the ways forward, pool 078 988 7727
dates for Aviation Africa. months from the onset of the virus, we ideas and resources and build the industry
It will now take place on 21 and 22 April hope will mean borders are all open for back up together. celia.tabb@seeff.com
2021 at the Kigali Convention Centre, as many clients/companies to join us in “We would like to take the opportunity
Rwanda. Rwanda as possible. to wish our exhibitors, speakers, delegates
“In light of ongoing disruption caused by “The aviation sector has arguably been and visitors our support for the situation
the outbreak of Coronavirus (COVID-19) hit the hardest by the pandemic along we are all facing and we hope to see you
we hope these new dates will ensure with the hospitality industry and we would all in Rwanda in 2021,” the company said
in a statement. Q NORTH COAST
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