PARIS (Reuters) - Air France on Monday announced a new organizational restructure the company around eight activities, including passenger traffic between Orly and the province of medium and long-haul and consolidating regional subsidiaries Brit Air, Regional and Airlinair. Each of the eight activities, more autonomous, should optimize its economic performance and will be responsible for managing its costs, the idea being to boost the plan to return to the competitiveness of the company. The new organization will be implemented from 1 January next year, Air France said in a statement issued after a meeting of company executives, to whom the project was presented by Alexander Juniac the CEO of the company. Five of the eight activities concern the passenger: long-haul, medium-haul based at Paris-Charles de Gaulle, Paris-Orly and stopovers province, as well as two subsidiaries, the French regional center (Brit Air Regional and Airlinair) and Transavia France, specializing in low cost. Passenger transport accounts for 80% of the turnover of the company. The other three activities will be the cargo, industrial activity and the subsidiary Servair board catering. "Customer focus, responsiveness and teamwork are the principles that have guided us in the choice of organization," said Alexander Juniac, said in the statement. The proposed reorganization will be presented in the central works council for consultation in mid-December. In exchange, the action of the Franco-Dutch Air France-KLM gained 2.8% Monday to 5.588 euros in anticipation of the announcement of the reorganization of Air France. Air France, largely responsible for the loss of the group formed with KLM launched a restructuring plan which includes 5,122 job cuts by the end of 2014. The French state owns 15.8% of Air France-KLM, the second European airline. The restructuring of Air France is part of a larger plan launched in January by Air France-KLM, "Transform 2015", which aims to save two billion euros to reduce all the Group's debt which was 6.24 billion at June 30 Each of the eight activities created by Air France will be responsible for monitoring and controlling the implementation of the plan Transform 2015, the company said in a statement.
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