Air France offers staff 4 percent raise in bid to end standoff

Air France offers staff 4 percent raise in bid to end standoff
FILE PHOTO: Tails of Air France airplanes are seen at the Charles-de-Gaulle airport in Roissy, near Paris, France, August 26, 2018. Picture taken August 26, 2018. REUTERS/Christian Hartmann/File Photo Copyright Christian Hartmann(Reuters)
Copyright Christian Hartmann(Reuters)
By Reuters
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PARIS (Reuters) - Air France-KLM <AIRF.PA> offered French unions a 4 percent raise, a union source said on Monday, in a bid to end a pay standoff that has resulted in damaging strikes and the departure earlier this year of the group's last chief executive.

During a meeting with unions on Saturday, new Chief Executive Ben Smith proposed a 2 percent raise retroactively applied from the start of the year, plus a further 2 percent next January, the union source said. A further pay review would follow in October 2019.

Air France declined to comment on the offer, first reported by French media. "These were discussions with (our) social partners and not negotiations," a company spokeswoman said.

(Reporting by Laurence Frost; editing by Richard Lough)

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