All KLM Royal Dutch Airlines articles – Page 6
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News
Dutch government suspends rescue loan to KLM
KLM’s proposed restructuring plan has been rejected by the Dutch government, over the failure to secure crucial union commitments, and the airline will not be permitted to make further draws on the loans put forward to support the carrier. The Dutch finance ministry has informed parliament that the first draw ...
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KLM urges pilots to sign crucial pact necessary to secure ‘survival’ loan
KLM has urged pilot and cabin crew representatives to join other unions in committing to labour contributions, in order to secure a €3.4 billion ($4 billion) state-backed loan. The Dutch carrier says the cockpit union VNV has not signed a commitment clause, while the FNV union – representing cabin and ...
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‘Debates remain’ with government on bailout deal: KLM chief
KLM chief executive Pieter Elbers says the carrier is continuing discussions with the Dutch government over the approval of its bailout deal, amid reports that the airline’s proposals have been rejected.
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Air France-KLM laments fresh lockdown as Q3 loss tops €1bn
The new lockdown imposed by the French government amid rising cases of coronavirus across the region will weigh on Air France-KLM’s performance through the fourth quarter of this year.
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’Small flows through hubs’ will lead recovery, says KLM chief
The recovery of international air connectivity will favour KLM’s hub operations above point-to-point services, according to the Dutch flag carrier’s chief executive Pieter Elbers.
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KLM submits restructuring plan to Dutch government
KLM plans to cut pay, reduce jobs and slim down its fleet in order to secure €3.4 billion ($4 billion) in loans and guarantees from the Dutch government.
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Wizz and KLM scale back European capacity amid restrictions
Wizz Air has again reduced its capacity outlook for October while KLM has put its short-haul network expansion plans “on hold” as ongoing coronavirus-related travel restrictions force Europe’s airline sector to apply the brakes to its recovery.
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KLM chief questions aims of EU sustainability policies
Pieter Elbers does not “precisely understand what’s the objective” of some Commission targets
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Go-around airprox exposed risks of questionable Schiphol runway procedure
Dutch investigators have warned that Amsterdam Schiphol is approaching a limit in terms of the amount of traffic it can safety handle, owing to the complexity of the airport’s design. The Dutch Safety Board made the remark after concluding an inquiry into a serious airprox incident that occurred during simultaneous ...
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Greenpeace to launch legal challenge over KLM state aid
Environmental group Greenpeace is to launch a legal challenge to block the Dutch government’s planned €3.4 billion ($4 billion) rescue support for national carrier KLM arguing green conditions tied to the bailout are not strong enough.
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Airline Business
Winter of disconnect ahead for Europe’s airlines
There are few crumbs of comfort for European airlines as they look back on a worse-than-expected summer season and forward to what could be a bleak winter.
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Schiphol Group to cut hundreds of jobs as airport traffic falls
Dutch airports operator Royal Schiphol Group expects to cut hundreds of jobs as the coronavirus crisis stymies demand for air travel.
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Air France-KLM aims to minimise fleet deferrals to keep competitiveness on track
Just six aircraft ordered by Air France-KLM have so far been pushed back to later delivery slots in the past six months, although KLM has yet to detail its full fleet plan. Air France-KLM states that its competitiveness and sustainability is closely tied to its fleet and network strategy. “Mid- ...
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KLM to cut 15% of workforce amid ‘new reality’
Dutch carrier KLM is to cut up to 5,000 full-time positions to “adapt its size to the new reality” created by the coronavirus pandemic.
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Air France-KLM aims to keep medium-term fleet delivery schedule intact
Air France-KLM Group has recorded a €520 million impairment from its early phase-out Airbus A380 operations, and another €72 million from withdrawal of A340s for the second quarter. But it says it intends to keep the schedule of committed fleet deliveries for 2021-25 “as much as possible intact”, and is ...
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KLM focuses on destinations over frequencies as network recovers
Dutch carrier KLM is ramping up the number of destinations it serves, but frequencies will remain well down year-on-year.
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Airline Business
How many jobs are airlines cutting due to coronavirus?
Of the large airlines to have made announcements so far, most have implemented job cuts affecting significant proportions of their workforces.
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News
European Commission gives KLM state financing the go-ahead
KLM’s €3.4 billion ($3.8 billion) state-support package has been approved by the European Commission.
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KLM secures €3.4bn in state support
Dutch carrier KLM has sealed state backed financing of €3.4 billion to help it through the coronavirus crisis under an agreement which is tied to conditions around cost reductions and environmental performance. The Dutch government had in April pledged an aid package to KLM in the form of state guarantees ...
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KLM to reinstate 95% of European network by August
Dutch carrier KLM plans to operate 95% of its European network and serve 80% of intercontinental destinations by August.