Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
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.
Eurofound (2018), Transavia France, Business expansion in France, factsheet number 93175, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93175.