Independent journal on economy and transport policy
14:53 GMT+2
2,000 reduction in job positions KLM
(Cargoweb)
March 20, 2000
KLM Royal Dutch Airlines today announced a far-reaching program to improve its profitability by saving about $ 350 million per annum. The program, Operation Baseline, aims to redress the consequences of three key factors which negatively pressured KLM's results in 1999. The three factors are the rising cost of fuel, the decline in yield due to overcapacity, ...... Read more on Cargoweb
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