PARIS - Air France shares went into a tailspin on the Paris stock exchange on Monday after the resignation of the strike-hit company's CEO. In early bourse business Air France stock was down nearly 13 percent at 7.08 euros. France's economy minister on Sunday warned that the survival of Air France was now in the balance. The survival of Air France is in the balance," he added. "Air France will disappear if it does not make the necessary efforts to be competitive," he warned.

Source: Bangkok Post May 07, 2018 08:15 UTC