No AF employee has yet agreed to any change in their terms and conditions due to the proposed new long-haul airline, code named "Boost'" because there hasn't yet been anything concrete proposed. But why managment thinks that the pilots would agree to fly the same routes (70% of the routes would be existing city pairs) for less money is beyond me. I, for one, am sick and tired of managers constantly creating new projects purely in order to justify their own existence.
How about fixing the airline you already have, before creating a new one that'll be broken, too?