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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.

Reuters · 5d

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.

Bloomberg L.P. · 5d

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.

Fortune · 5d

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."

San Francisco Examiner · 4d

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)

Euronews (English) on MSN · 5d

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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Air France Suspends Tel Aviv Flights Until October 15 And Beirut Until Oct 26 Tq/gv/tw

Air France and its low coast airline Transavia said Monday they are suspending flights to Tel-Aviv until October 15 and to Beirut until October 26 because of security concerns.

J.P. Morgan Keeps Their Buy Rating on AIR France KLM (0LN7)

In a report released today, Harry Gowers from J.P. Morgan maintained a Buy rating on AIR France KLM (0LN7 – Research Report), with a ...

businesstravelnewseurope5d

Air France-KLM increases alternative fuel deal with TotalEnergies

Air France-KLM signed a deal with TotalEnergies to buy 1.5 million tons of sustainable aviation fuel over 10 years to help ...

Morningstar5d

Air France-KLM AF

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

UBS Sticks to Its Buy Rating for AIR France KLM (0LN7)

UBS analyst Jarrod Castle maintained a Buy rating on AIR France KLM (0LN7 – Research Report) today and set a price target of €12.75.

Hespress on MSN18h

Air France suspends Tel Aviv flights until October 15 and Beirut until Oct 26

Air France and its low coast airline Transavia said Monday they are suspending flights to Tel-Aviv until October 15 and to Beirut until October 26 because of security concerns. “The resumption of ...