Air France-KLM is on track for a strong recovery to profitability and will produce ‘a significantly positive’ operating result in the third quarter. After suffering deep losses in the past couple of Covid-years, the airline group reduced its Q1 net…
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…
Staff, the works council, unions: all are still in shock over Thursday evening’s news that KLM is to lose its current Chief Executive Officer, Pieter Elbers, from May 2023. The announcement has come ‘out of the blue’ for most at the…
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…
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…
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 It was on next Thursday’s annual general meeting for KLM’s shareholders but after a storm of criticism has been withdrawn by the…