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KLM tightens its purse strings and announces new cuts and spending reductions

The commitment to renew the fleet remains: a billion-dollar investment

KLM today announced measures to structurally improve the company's operational and financial performance. These measures include increasing productivity, simplifying the organization, reducing costs, and deferring or cancelling investments. Despite revenue growth, these measures are necessary due to rising costs for equipment, personnel, and airport fees. In addition, the airline is engaged in a comprehensive...

red/f - 1260380
Amsterdam, The Netherlands, 10/03/2024 11:50
AVIONEWS - World Aeronautical Press Agency

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