EMCC European Monitoring Centre on Change

Transavia France

Company/Organisation:
Transavia France

Geographic Location

Country: France

Company

Sector: Transportation / storage
Transportation and storage
51.10 - Passenger air transport
Number Employed: 1000
Group: Air France KLM

Employment Effects

Announcement Date: 02-02-2018
Type of Restructuring: Business expansion
Employment Effect Start: 02-01-2018
Foreseen End Date: 31-12-2018
Planned Job Creation: 140

Additional Information

Transavia France, the low-cost subsidiary of Air France KLM group, will expand its fleet in 2018 with 4 new Boeing 737. The fleet will reach a total of 33 aircrafts. To support this development, Transavia France will hire 140 more people this year, or about 14% of the current workforce of 1,000 people. The CEO said that Transavia has been profitable for the first time this year and that, consequently, the management has been able to sign a profit-sharing agreement with the representatives of the trade unions.