Job cuts likely at Air France-KLM despite cheap oil: analysts

Paris

CHEAP fuel prices are doping the finances of airlines, but analysts say European giant Air France-KLM may still be forced to make further job cuts to cope with stiff competition and a sluggish economy.

Despite the company's assertions that no decisions have been taken, the leaders of Europe's second-largest airline have for months seemed to be preparing the ground for the inevitability it will have to shed further staff.