guest: employees of air france klm are fighting hard to keep their jobs and it is getting physical. on monday morning, more than a thousand ways stormed the company headquarters in paris and assaulted some of the top managers. it's a desperate attempt to keep nearly 3000 jobs the management wants to cut. air france klm has not been profitable in years and has already gone through several cost-cutting attempts. >> the human resources managers managed to save his skin but not his shirt. he fled a meeting where he had outlined plans for 2900 job losses. he was help to safety by security guards. air france says they are forced to pay the price for years of mismanagement. >> we already made an effort. we took small salary cuts and worked small hours -- work more hours. we will die from this. it is not possible. we will slowly die, and because we are not visible, we will slowly die. is that what work is about today? reporter: air france has shed 5500 jobs after failing to obtain further concessions. management decided to wield the ax again. the airline says it is facing pressure from euro

air france klm announced the companies will cut 300,000 jobs by 2017. >> this year's nobel prize for medicine has been awarded to three researchers who made important contributions to its tackling diseases. as caroline malone explains, they have been described as the heroes of the medical world. >> at the institute, they have today awarded the 2015 nobel proiz... >> these three scientists helped to save millions of lives, presenting blindness or disfigure the in other people. youyou tu researched malaria in 1969. she identified a substance used in chinese made sin, sweet worm wood and tested it with a team and developed it into a globally successful treatment for the disease. there are nearly 200 million new cases of malaria every year. most people who get sick are in africa. >> every year half a million people are dying of malaria. during the last 10 years they have reused it. it's really a big benefit to mankind. >> the other half is shared by japanese biologist. and irish born william campbell who developed the drug, from which medicine has been used to cure river blindness. disea

air france klm said on friday the company would have to cut the jobs after failing to reach an agreement with its pilots. thank you for watching the newshour, that's it for me, felicity barr is next. bye-bye. >> gang life... this was our foundation. it's what we all knew. when i met daisy, it was the best day of my life. i told my co-workers, i'm gonna marry her... when my past caught up with me and made us all pay the price. >> it was very confusing... they were just, "where is it? where did he put it"? the social worker said, "i'm gonna have to take the baby". you're gonna have to kill me to take my child. they took my family. he's like, "they're using your child as leverage". the day i think i'm getting sarah back, my public defender tells me they're gonna take me to trial. i don't know how i'm gonna do it but... i need another lawyer. >> that judge is not known for his compassion. >> if at any point i'm not fighting for my family, i don't know what that would do to me. >> families don't survive this. >> israel's cabinet meets to agree on tough new measures at two more are killed in a

moving away from the strikes we are seeing, not so the case for air france klm. third quarter profits coming above analysts's expectations. profits almost four times higher than the same period last year. that period was impacted by pilot strikes. you have to bear that in mind when you do the comparison. the company cfo was telling cnpc earlier it needs to gain union's for its restructuring plans to compete with viable airlines going forward. >> we do everything we canning to reach an agreement. you know that we have already reached an agreement for phase one. we have to start again for phase two. but this will be done in the year coming. and air france, as you know, we have decided to launch our network. the first phase in '16 will be implemented. but a big chunk has to come in 2017. >> staying with us, mychal bell of jpmorgan and our guest host jim of principle global investors. lufthansa telling us the fuel bill is coming down at the ages. it had such an enormous jump in the oil price. it is not coming off all that much for the sector. >> i think this is reall

this is the 2nd time in a month that vivendi has raised it's stake and air france klm, what a turbulentay yesterday. they were forced to flee a meeting at the company headquaters after employees ripped their shirts in response to the announcement of heavy job cuts. stefan filed this report from paris. >> they were presenting the restructuring plan yesterday when a group of angry protestors stormed the meeting room and physically assaulted the head of human resources. the security staff got the management. but he had his shirt and jacket totally ripped off. people have been injured including one seriously and the airline filed a criminal complaint for aggravated assaults. trade unions denied that their members were responsible for this violent action. the meeting has been suspended. air france announced 2,900 job cuts over the next two years. it's also going to reduce it's fleet by 14 aircraft and decided to cancel part of its order for new boeing 787 dream liners. it will be according to air france management. >> pretty violent scenes there. moving on, he called an incursion by russian

. >>> the ceo of air france klm says the job cuts that it has proposed for 2017 could be negotiable in sign that the carrier might be scaling back on its controversial plans. db liking the news, deutsche bank raising the target price to 6.70 euros apiece. let's bring in stefan pedrosi. what's with the change of heart? >> france is still feeling the job cuts next year. we are talking about 1,000 job cuts. the ceo believes that the most painful part of the plan can still be avoided as the legalization resumes two weeks ago with the main union of fighters. speaking yesterday to rpm, the ceo says that the most painful part of the plan could be avoided if they erase it by the end of this year. this would put the strategy plan, the original one, back on track. 2020 france resumed it after announcing almost 3,000 job cuts and reduction of 10% of its long hold network according to analysts, the rate structuring plan was not addressing the key issue as air france had, which is the lack of the documents. the pilots include costs on average 20% more than -- 25% more than the european colleagues.

so we're potentially talking thousands of job cuts at air france klm. they probably believed management would not implemented this plan but after the announcement this morning they're ready to come back to the negotiations and perhaps make another offer. in the meantime ahead of the announcement due on monday they called for strike action for monday, fifth of october. back to you. >> stefen, thank you very much for that. now u.s. auto sales jumped to a 10 year high in september but the diesel scandal at vw looms over future sales. >> call it a sizzling september in the show room. u.s. auto sales roared to their strongest monthly sales pace since july of 2005. most of the major auto makers posted double digit gains with some like general motors doing far better than expected. what drove those strong numbers? labor day which is traditionally one of the busiest weekends of the year for auto dealers save september sales an early pop. meanwhile, trucks and suvs remain red hot thanks to low gas prices and the combination of strong consumer confidence and low

we're just getting this in from the associated press within the last half an hour, air france as well as klm the crash site outside of sharm el sheikh with us is nbc's ron mott in london. what has been said at least by one of our analysts here, ron, is that it is clearly to make people feel comfortable although there was no real danger of flying over that area. >> yeah, and no real indication from authorities that this was brought down by anything other than perhaps a mechanical error or mechanical problem or human error in the case of the pilots. i will say that as you mentioned lufthansa and air trafrance hav decided not to send them over the sinai peninsula. the investigation will be an international investigation. officials from france, officials from russia, officials from egypt and germany as well, the aircraft maker, the engine makers are all going to get together and piece together what happened here. but it appears that this plane had a normal takeoff and had reached altitude in the midlevel flight level, 35,000 feet and something went wrong and it will be a matter of time before we

after talks with flight crews, air france and klm say they will take legal action over what is calledviolence. apple has bought a startup that specializes in image recognition. the terms of the deal haven't been disclosed, but it is developing technology that runs artificial intelligence systems on smart homes without -- on smart phones without needing to share as much of the user's data. we all like the idea of our data being less shared. guy: it seems to becoming increasingly paramount. toldone finance ministers greece not to expect bailout conditions to be relaxed. it comes as the country's prime minister told parliament last night he plans to offer a loan extension and the lower fixed interest rate during debt relief talks. restoring financial stability, recovery of the economy, return to growth, debt relief, and radical reform of public administration will fighting corruption and bureaucracy are our direct government objectives. their implementation is the only safe way out for the country from the guardianship and bailout agreements. where let's go to athens, markets is standing

france pilots rejected a proposal for staff to work longer hours for the same salary . the carrier is under pressure after four years of losses. clare: this latest crisis at klm sees management on a collision course with pilots once again. air france has threatened to slash jobs unless pilots accept cost cuts and changes to their working conditions. pilots unions have threatened strike action in return. >> every time the management make us an offer, they just say sign at the bottom of the page without any possibility of negotiating changes. >> this year, the struggling franco dutch airline group was on the verge of reporting its first profit in five years. year was marred by industrial action. analysts say productivity figures speech -- speak for themselves. each employee produces just value forros of the company, with a similar level at the concept -- at luf thansa. streamlining can work. all three airline groups continue to face the same challenges. low-cost rivals are dominating short-haul services, while middle eastern carriers continue to extend their networks and all atansfer traffic, the expense of traditional european hubs. markus: volkswagen says its

france. in the meantime, employees of klm urge the french workers to start constructive dialogue. they're worried that they could be the collateral victims of the social conflict at air france and yesterday the employees started a petition to call on their french colleagues not to carry on more strength and it's been very successful because in just a few hours this document got more than 1,000 signatures. >> stefen, thank you for that. >> let's talk about the jet set and the jet set life style because you need a private jet for that. vista jet which provides private aircraft flights just announced a 17% increase in overall flight numbers in the first half of this year being boosted by traffic in north america which is up some 159% and this is being driven partly by strong growth in cuba as they try to normalize their political relations. let's talk through this. joining us in london, the chairman and founder of vistajet. good to see you. >> how are you? >> second half numbers are strong and a number of passengers from north america are up 146% in the first three months of this year

i think it was klm and lufthansa and possibly air france declared they will not be flying over this regionously. there were reports about an isis air-to-aramis ill. we are concerned about manned pads. in libya, there was quite a few man pad stinger type that got loose. the investigation has to run its course. >> the russians have had challeng challenges. i was in moscow in 1995, before they started buying boeing aircraft. there were flats under disrepair. they have made some progress. but they have had a troubling track record with maintenance, human error. i think it was a 2011 loss of an aircraft based on human error with their hockey team on board. there's others as well. the aviation safety process for international civil aviation and the russians, i understand, are sending a commission will be paramount with looking at what really happened. black boxes are crucial, as well as the other anecdotal evidence. >> before i let you go, i have to talk about syria and the fact that u.s. troops are now in syria. something the president said he never want to do. what are we seeing as a result of