KLM secures 3.4 billion state aid package

KLM secures 3.4 billion state aid package

The Dutch government finally agreed on the state aid package for KLM on June 26, announcing the airline will receive EUR 3.4 billion in loans and state-guaranteed loans. A majority of Dutch parliament approved the package on July 2, but not without critical remarks....
KLM blunders with CEO bonus proposal

KLM blunders with CEO bonus proposal

A blunder or at least a serious misjudgment: that’s the proposed bonus increase for KLM CEO Pieter Elbers. It was on next Thursday’s annual general meeting for KLM’s shareholders but after a storm of criticism has been withdrawn by the supervisory board and Elbers...