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Air France (AFLYY.PK) decides to freeze pay and hiring at its main domestic unit in an effort to...

Air France (AFLYY.PK) decides to freeze pay and hiring at its main domestic unit in an effort to return to profitability. The carrier expects to realize €1B ($1.28B) in annual savings from the cost-cutting measures and says it will also push back delivery time tables on Boeing (BA +0.8%) and Airbus (EADSY.PK) jet orders.
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