Air France plans to cut more than 5,100 jobs and restructure certain operations as part of an effort to "rapidly" regain break-even financial results.

An ongoing strategic business project will include "a vast investment program representing several hundred million euros in new cabin facilities," notably in premium classes. It also calls for restructured short- and medium-haul operations centered on "three complementary poles: Air France, a French regional hub [grouping operations by Airlinair, Brit Air and Regional] and Transavia France," the latter focused on the leisure market. Air France intends to accomplish the job cuts by December 2013 through voluntary retirements and other measures before relying on any "forced departures." According to the airline, "negotiations are underway with all unions representing ground staff, cabin crew and pilots." The first parts of the "recovery plan" were announced in January, including modest capacity growth projections.