Air France-KLM boss Jean-Marc Janaillac announced his resignation Friday after staff at the carrier's French operations rejected a pay deal aimed at ending months of walkouts.
Over the first quarter of 2018, the company posted €269 million in losses, up from €33 million during the same period past year.
Until new management plans are in place, Air France executives lack a mandate to continue negotiations with unions, prolonging the dispute.
Apart from the French government, other big investors in Air France-KLM include Delta Air Lines and China Eastern Airlines, which each own a stake worth 8.8%, according to FactSet data.
The Air France turmoil has coincided with other strike action in France where rail workers press on with rolling stoppages to protest President Emmanuel Macron's planned overhaul of SNCF, the state-run train operator.
"Air France is fragile, but all the airlines are fragile", said air industry expert Gérard Feldzer.
Children under age of 10 were also among the rows of dead bodies in Gwaska, in the Birnin Gwari area in Kaduna state. He said "to contain the situation, the military will be stationing a permanent Army battalion in Birnin-Gwari".
U.S. president Donald Trump has hinted there may soon be an update on the three Americans being held captive in North Korea. National security adviser John Bolton called that report, in The New York Times , "utter nonsense" in a statement Friday.
If you speak English, live in the United Kingdom , and own an Alexa-powered device, you can ask it to Open Pac-Man Stories. To kick off today's launch of general availability, Amazon is announcing a handful of others who will do the same .
He explained and also Buffett usually do not approve of re-purchase strategies. "Yet the costs keep going up". At Berkshire Hathaway's annual shareholder's meeting, Buffet endorsed Apple's buyback program.
Watching the questioning at Berkshire Hathaway's annual meeting each spring has become an annual tradition for many in the crowd. Outside the convention centre, Berkshire shareholders lined up for prime seats in the middle of the night.
Ronaldo was substituted by Zidane at half-time, with Marcos Asensio coming on for Madrid and playing a role in the Clasico draw. The post Barcelona Draw With Real To Stay Unbeaten In La Liga appeared first on Channels Television .
Almost ten years on al-Zaidi is contesting Iraqi parliamentary elections, due to take place on May 12, CNN reports. During a perfunctory press conference with Iraq's prime minister, Zaidi threw both of his size 10 shoes at Bush.
Himachal Chief Minister Jai Ram Thakur said, "The culprit will be nabbed soon and action taken as per the law". As a precaution, Solan Deputy Commissioner Vinod Kumar imposed prohibitory orders in Kasauli area.
Watch the Kentucky Derby on WMBF News
He broke his maiden at Gulfstream Park on January 13, won by 4 1/2 furlongs in a six-furlong race and has not been challenged yet. This is a bad post position , and there's no indication that Combatant, with one win in eight starts, can muster much from it.
Mets to designate former All-Star Matt Harvey for assignment
In the three seasons since, Harvey has limped to a 5.93 ERA with a pedestrian 6.9 K/9 against 3.4 BB/9 over just 212 1/3 frames. NY had hoped Harvey would be willing to work at the team's minor league complex in Florida in an effort to regain form.
Waymo van involved in serious collision in Arizona
A Waymo vehicle in autonomous mode was struck by another driver during what appeared to be a head-on collision in Chandler. A Honda was eastbound on Chandler when it had to swerve to avoid a northbound vehicle in the intersection, police said.
Turkish opposition parties to sign four-way election alliance
The vote will usher in the powerful executive presidency approved in last April's referendum-a new chapter in Turkish politics. Ince twice - in 2014 and 2018 - challenged Kilicdaroglu for the leadership of the CHP but failed to oust the incumbent leader.