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KLM profits down to €650 mil. last year; Record profit for Air France-KLM group

The KLM Group booked a profit of 650 million euros last year, down from 706 million euros in 2022. The Dutch airline spoke of “strong annual results” pressured by bad weather, limited fleet availability, and global tensions in the fourth quarter. Air France-KLM booked a profit of 934 million euros last year, up 28 percent compared to a year earlier and a record for the airline combination. ....

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KLM directors critical of possibility of higher port fees at Schiphol

KLM CEO Marjan Rintel and CFO Erik Swelheim are critical of the possibility that Schiphol Airport fees will be raised again. The home base airport of Dutch airline KLM wants to invest heavily in renovation and innovation in the coming years. However, to cover those costs, the airport will need help from the airlines, which will likely experience a rise in rates. Higher airplane tickets will be a consequence of this. ....

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KLM directors critical of potentially higher airport fees at Schiphol

KLM CEO Marjan Rintel and CFO Erik Swelheim are critical of the possibility that Schiphol Airport fees will be raised again. The home base airport of Dutch airline KLM wants to invest heavily in renovation and innovation in the coming years. However, to cover those costs, the airport will need help from the airlines, which will likely experience a rise in rates. Higher airplane tickets will be a consequence of this. ....

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KLM Equipment Services bought by TCR International

Under the agreement, KLM will become a TCR customer for the maintenance and lease of ground equipment, while KES/TCR will be responsible for investment in equipment. KES, a wholly-owned KLM subsidiary, handles the maintenance, fleet management and refuelling/recharging of vehicles and equipment required for ground handling at Schiphol. KES is also owner of the ground power units (GPUs) used by airlines to supply aircraft with electricity on the ground at Schiphol. KES employs around 100. ....

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KLM names new finance chief

KLM names new finance chief
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