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Air France unions to have until May 4 to decide over pay dispute

Reuters
FILE PHOTO: The logo of Air France-KLM is seen during the company's 2014 First-Half results presentation in Paris July 25, 2014. REUTERS/Benoit Tessier (Reuters)

PARIS (Reuters) - Air France KLM<AIRF.PA>'s French unit said on Tuesday that a consultation period to reach a deal with workers striking over pay would run from April 26 until May 4, as the airline seeks to end a strike estimated to have cost it some 300 million euros (262.8 million pounds).

Air France's pay offer of a 7 percent wage increase over 4 years has not received majority backing from the unions, and the airline's chairman Jean-Marc Janaillac has said it would be hard for him to stay if the pay talks failed.

The Air France strikes have coincided with strikes from workers at the SNCF state rail firm protesting against government plans to reform the SNCF, causing widespread travel disruption in France over the last month.

(Reporting by Sudip Kar-Gupta; Editing by Mathieu Rosemain)