Air France-KLM has turned the corner on two difficult Covid-years by producing a net profit for Q2. Although HY1 still produced a loss on the back of a weaker Q1 , the airline group expects a “significantly positive” Q3 and…
The Supervisory Board of KLM has nominated a successor of Pieter Elbers as President and CEO of the Dutch airline. The preferred candidate is Marjan Rintel, currently President at Dutch Railway Nederlandse Spoorwegen (NS). The nomination still needs approval from KLM’s…
Air France-KLM is most happy with its Q4 results, which despite the effects of Omicron produced a positive operating result and good load factors. At 3.7 percent, the operating margin has been above the level of Q4 2019, the airline…
Air France-KLM has ended the second quarter and first half-year deep in the red. It recorded a EUR -2.612 billion Q2 net loss or EUR -4.413 billion in HY1, the airline group announced on the evening of July 30, 12…
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 It was on next Thursday’s annual general meeting for KLM’s shareholders but after a storm of criticism has been withdrawn by the…
How to celebrate your 100th birthday? KLM knows only one way to do it: BIG and in style. Koninklijke Luchtvaart Maatschappij used its founding date October 7 to good effect to invite special guests, former KLM bosses, the minister of…