Air France is to phase out its fleet of Boeing 747s by 2016, the group announced today.
The airline, which is restructuring its operations, blames a declining demand for the move.
AF will also be cutting another 2,600 jobs and has discussed a new voluntary redundancy plan with some of its more than 69,000 staff.
The carrier also revealed that it has abandoned a plan to break even this year, meaning it will end the period with a deficit for a sixth successive year.
Chief executive Frederic Gagey said: "We are in a period of weak demand."
Last week, it was reported that Air France will convert subsidiary airline Transavia into a low-cost carrier (see news, September 9). An announcement is expected to be made on October 4.
Graham Smith
