Complex sentence: On 12 January 2012 Air France-KLM announced their three-year transformation plan, called Transform 2015, to restore profitability this plan works by restoring competitiveness through cost-cutting, restructuring the short-and medium-haul operations and rapidly reducing debt.
Split into simpler sentences: On 12 January 2012 Air France-KLM announced their three-year transformation plan, called Transform 2015, to restore profitability. This plan works by restoring competitiveness through cost-cutting, restructuring the short-and medium-haul operations and rapidly reducing debt.