Thursday, December 5

Business

Another favourable quarter for the KLM Group in Q2 2022
2Aug By Editorial TeamNo Comments
Business, Featured, Travel & Food

Another favourable quarter for the KLM Group in Q2 2022

Despite KLM’s strong results after the Covid-19 crisis, emotions remain mixed. Customers were greatly inconvenienced by major operational disruptions in May and June, two hectic and demanding months for our employees as well. The sharp rise in passenger numbers, long queues at Schiphol security and shortages of KLM staff put heavy pressure on operations, especially in the months of May and June. It is a very unpleasant situation for both our customers and our employees. KLM was forced to cancel flights and impose a limit on ticket sales. The positive effects of these measures are becoming visible. Operations are manageable again, but unfortunately we have not yet returned to the standard of service that customers have come to expect from us. "Despite the enormou...
Read More
Response of KLM to state agent’s third report
24Jun By Editorial TeamNo Comments
Business

Response of KLM to state agent’s third report

The third report issued by the state agent – who oversees compliance with the conditions attached by government to the loan package – was published on Thursday. The report states that KLM has so far comfortably met the conditions set by government. Instead of the required 15% cut in controllable costs, KLM has achieved a 30% reduction. This has, in part, been possible through the huge efforts of KLM employees, making substantial employment conditions-based contributions during the Covid-19 crisis. In 2020, KLM utilised €942 million of the total loan package of €3.4 billion. In May and June this year, KLM repaid two thirds of this amount, leaving only €277 million of the utilised government loan outstanding. KLM also intends to repay this amount this year. Moreover, government has offere...
Read More
Shrinking Schiphol highly detrimental and not in line with coalition agreement
24Jun By Editorial TeamNo Comments
Breaking News, Business, Travel & Food

Shrinking Schiphol highly detrimental and not in line with coalition agreement

KLM and the Dutch government both support greater sustainability in air transport KLM is surprised by the government’s sudden resolve to substantially cut back operations at Amsterdam Airport Schiphol The proposed cutback is not in line with the coalition agreement between the ruling parties This strongly undermines the hub function that KLM and Schiphol have jointly developed The cutback will not have the desired effect in terms of local residents affected by noise nuisance. Fewer aircraft movements will see more people affected by noise This move will not resolve the issue of high nitrogen deposits in the Netherlands, because air transport only accounts for around 1% of all nitrogen deposition The Dutch government’s decision to cut back ope...
Read More
Like Us
Follow Us
Subscribe Us
Follow Us