Airline Air France-KLM is to phase out five of its eight cargo planes based at Amsterdam’s Schiphol airport in an effort to further cut costs.

The five planes will be taken out of service between 2015 and 2016, leaving just three in service. That takes the total cut in the company’s cargo fleet from 14 in 2013 to five, the company said.

The airline said it will find alternative employment for all the staff affected by the cuts. The CNV trade union estimates the plan will lead to 160 job losses in Amsterdam, at both the airline and support services.