KLM To Cut Costs, Postpone Investments To Boost Profits

KLM 787-10
Credit: Joe Pries
KLM Royal Dutch Airlines intends to postpone investments, cut costs and take measures to increase productivity as part of a bid to improve its operating profit by €450 million ($497 million) in the short term. The airline’s plans include an increase in automation and the possibility of outsourcing...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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