AFV651
Captain, B707-320
OLP
Joined on August 04 2011
Historic Two Fifty Club
Diplomatic Mission
50 State Club
Millenium Club
Globetrotter Extraordinaire
Online Triple Century Club
"Concorde: anything else is just SLOW"
Milan, Lombardy Italy
1,087 legs, 2,148.6 hours
304 legs,
494.6 hours online
1,087 legs,
2,148.6 hours ACARS
10 legs,
15.4 hours event
1,410 legs, 2,961.0 hours total
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Posted onPost created on
February 28 2013 10:00 ET by Luca Di Biase
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Jan 28 (Reuters) - Franco-Dutch group Air France-KLM has formed a new French regional airline unit called Hop! to respond to competition from low-cost rivals.
Hop! will operate 530 daily flights to 136 destinations in Europe from March 31 with one-way fares from 55 euros, the company said on Monday.
The launch of the new airline - which has been created through the merger of regional units Brit Air, Regional Air and Airlinair - is part of a reshuffle of the group's loss-making short and medium-haul operations.
Under a three-year plan dubbed "Transform 2015," Air France- KLM is seeking to cut costs to pay back debt. It will cut 5,000 jobs to turn around its short and medium-haul business, which lost 700 million euros in 2011.
Earlier this month, the carrier unveiled a lower-cost tariff, dubbed "MiNi," targeting people who travel light, another move aimed at reviving its loss-making short and medium-haul routes. ($1 = 0.7421 euro) .
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