Dutch airline KLM plans 'painful' cost-cutting to combat high costs and staff shortages
THE HAGUE, Netherlands -- Dutch airline KLM announced a “painful” round of cost-cutting and other measures Thursday aimed at boosting the carrier's finances as it continues to recover from the COVID pandemic that grounded planes worldwide.
Dutch airline KLM to cut investments due to rising costs
Dutch airline KLM will cut costs and postpone investments to lift profits, it said on Thursday, as the industry grapples with rising equipment costs, staff shortages and higher airport fees.
Dutch Airline KLM to Postpone Investments in Cost-Cutting Push
Dutch flag carrier KLM NV will postpone or cancel investments and simplify the organization as the airline grapples with rising costs.
Dutch airline KLM will do ‘everything’ it can to protect jobs in cost-cutting drive
KLM CEO Marjan Rintel said the measures would be "painful for every KLM colleague, but it is necessary, and it has to be done now."
Dutch airline KLM unveils 'firm' cost-cutting measures
Dutch airline KLM on Thursday announced a sweeping package of "firm" cost-cutting measures it hopes will lead to a boost in operating profits of around 450 million euros ($496 million)
Dutch airline KLM plans 'painful' cost-cutting to combat high outgoings
Dutch airline KLM said it is planning 'painful' cost-cutting to combat high costs and staff shortages. View on euronews
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