Razoray
No AF will not go the same way as Swissair.
Everyone in SR was worried about flying with crossair but management was using cheaper pilots to undermine SR pay scales.
Unlike the French the swiss had no qualms about buying foreign expertise.
Air France will not fail as the government will always protect it financially and AF have a protected market as the average french citizen believes if it's not french then it's not worth eating, using or visiting.