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."

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RTÉ

Ireland

Dutch airline KLM to cut investments due to rising costs

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.

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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

abc News

The Walt Disney Company

Dutch airline KLM will cut costs and postpone investments because of the rising cost of equipment, staff and airport fees, it said today.

Government of Ireland

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.

Toronto Sun

Leon Cooperman

Allianz

Toronto

Ontario

Canada

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

THE HAGUE, Netherlands (AP) — 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. CEO Marjan Rintel said KLM, along with many other airlines, “is suffering from high costs and shortages of staff and equipment. Our aircraft are full, but our capacity is still not back to pre-corona level…

My Mother Lode

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

KOB 4

Hubbard Broadcasting

Albuquerque

Bernalillo County

New Mexico

The Dutch airline KLM, one of SAS's new owners, will cut costs.

Nederländska flygbolaget KLM, en av SAS nya ägare, ska dra ner på kostnaderna.

SAS nya ägare gör miljardbesparingar

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Bonnier Group

Stockholm

Stockholm County

Sweden

SAS new owner makes billions in savings

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

Euronews

European Broadcasting Union

France

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

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."

Fortune

Chatchaval Jiaravanon

New York

Dutch airline KLM will do 'everything' it can to protect jobs in cost-cutting drive

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

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