Earn Buzz Rewards points on select Bookings.
It's FREE - SIGN UP Now!
Why Book With Fare Buzz?
With over 80 negotiated Airline contracts we offer you the cheapest fares.
We have been in business since 1994 and are proud members of BBB with an excellent rating.
Our Business Travel Consultants work out the best fares for the most complicated itineraries.
Our Agents are available 7 Days a Week.
Client Testimonials

I just spoke with Ashton regarding booking to Orlando, Fl. and he was by far the most helpful, pleasant, and delightful representative that I have ever dealt with. I am so grateful that I made the call ...Read More
-Clare

Share with friends  

Air France Boeing 747 fleet to be phased out by 2016

Air France has announced it will be phasing out its fleet of Boeing 747 aircrafts by the year 2016. The airline, which is currently restructuring its operations, has said that it is being forced to take this decision because of the declining passenger demand.

Air France is presently facing a deep financial crisis and is suffering heavy losses for quite some years now. To ward off its financial woes, the airline has further announced it will be laying off another 2,600 jobs. The airline is also discussing a new voluntary redundancy plan with some of its more than 69,000 staff.

The airline has also conceded the fact that it will be ending the period with a deficit for a sixth successive year. The airline said that it has finally abandoned a plan to break even this year.

Frederic Gagey, Chief Executive of Air France, said that the airline is currently battling a weak demand and is in deep financial woes. He also said that Air France is contemplating to convert its subsidiary airline Transavia into a low-cost carrier, and an announcement regarding this can be expected on October 4.

** Fares are round trip, Fares incl. all fuel surcharges, our service fees and taxes. Tickets are non refundable, non transferable, non-assignable. Name changes are not permitted. Fares are subject to change without notice. Fares subject to availability. There is a higher probability of seats being available at this fare on Tuesday, Wednesday & Thursday. Certain Blackout dates may apply. Holidays & Weekend travel may have a surcharge.Other restrictions may apply.