KLM News

Air France-KLM, Delta To Share Atlantic

Air France-KLM and Delta Air Lines on Wednesday agreed to operate as one airline over the North Atlantic, seeking to boost their 25 percent share of the world's busiest market as the industry scrambles for savings.
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Cost Caps Trim Air France-KLM Q4 Loss

Air France-KLM posted a narrower than expected fourth quarter loss on Tuesday after capping staff costs, but scrapped its dividend as it waits for elusive signs of a recovery in passenger and freight demand.
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Air France-KLM To Cut Up To 3,000 Jobs By 2011

Air France-KLM aims to cut between 2,500 and 3,000 jobs in the next two financial years, a spokeswoman for the carrier said on Wednesday.
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Air France-KLM Unveils March Traffic Slump

Air France-KLM unveiled a 9.4 percent slump in passenger traffic in March and another bleak month for cargo on Tuesday, as the global economic crisis continues to depress business travel and the flow of goods.
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Air France-KLM Deepens Capacity Cut

Air France-KLM extended planned capacity cuts on Wednesday, pushing up its share price, as the economic downturn hurts demand for flying.
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Air France-KLM February Traffic Down 2.6 Percent

Air France-KLM said on Friday that February traffic fell 2.6 percent year-on-year, dragging load factor down 1.2 points to 74.3 percent, as a worsening environment hit passenger and cargo activities.
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Air France-KLM Posts Q3 Loss, To Cut Costs

Air France-KLM swung to an expected third-quarter operating loss and abandoned costly fuel price hedges weighing on its finances, boosting its shares on Friday.
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Shareholder Group To Sue KLM Over Dividend

Investor group VEB said it planned to sue KLM, the Dutch arm of Air France KLM, over dividend payouts VEB considers too small.
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