The supervisory board of Air Austral (UU, St. Denis de la Réunion) approved a restructuring plan presented by the airline’s management at a meeting on March 7, according to a statement from the carrier.

The plan includes cutting payroll by 10% , reducing supplier expenses and reorganising government debt. The airline will also try to “positively resolve” ongoing financial disputes, while routes and frequencies have been reviewed with a focus on profitability and yield management.

“Efforts will…

Source: ch aviation
Read more: Board okays restructuring plan for Réunion's Air Austral