Air France has presented a new "growth pact" pay proposal to unions in a bid to put an end to a series of strikes that has led to flight cancellations and disruption.
The pilots' main union, SNPL Air France, said Tuesday the offer doesn't meet its demands.
The airline said it was offering an additional pay increase of 1 percent for 2018, taking the overall increase to 2 percent.
It also includes "plans to adapt the increase in case Air France's financial result is less than €200 million".
Air France said on its website: "The continuing strike action is having serious consequences for the company, its customers and staff".
It estimates the cost of the strikes, including this week's Tuesday and Wednesday stoppages at €220 million.
While the strikes, which have cost €220m, are ongoing, Air France pitched a final pay offer open until Friday lunchtime to resolve the conflict, which has arisen over protests to Emmanuel Macron's labour reforms.
This would be followed by increases of 1.65 percent per year for 2019, 2020 and 2021, 5 percent in total for that period.
Crews and ground staff are staging their eighth day of walkouts since February.
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