Dutch airline KLM plans ‘painful’ cost-cutting to combat high costs and staff shortages

Dutch airline KLM plans 'painful' cost-cuts to combat high outgoings

Dutch airline KLM said it is planning 'painful' cost-cutting to combat high costs and staff shortages.

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 postpone investments due to rising costs

Dutch carrier KLM said on Thursday it will cut costs and postpone investments to lift profits, as the industry grapples with rising equipment costs, staff shortages and higher airp...

Dutch airline KLM plans 'painful' cost-cutting to combat high costs and staff shortages

Dutch airline KLM has announced a “painful” round of cost-cutting and other measures. They aim to boost the carrier’s finances as it continues to recover from the COVID pandemic that grounded planes worldwide.

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) “in the short term.” There was no specific mention of job cuts, but the company vowed to “explore options for outsourcing, divesting or discontinuing activities that do not directly contribute to flight operations.” KLM said it would reconsider and postpone all ne…