Independent journal on economy and transport policy
08:28 GMT+2
KLM plans to axe up to 3,000 jobs
(Financial Times)
February 3, 2000
By Ian Bickerton in Amsterdam
KLM, the Dutch flag carrier, is to axe up to 3,000 jobs as part of a cost-cutting programme aimed at restoring profitability after a third- quarter net loss of Fl 39m (E17.6m). The airline is to reconsider the future of its joint venture with Italy's Alitalia over the suspension of the transfer of flights from Milan's central ...... Read more on Financial Times
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