United Kingdom
United States
Asia Pacific
Record losses at KLM
Europe’s fourth largest airline Dutch KLM has reported record losses of £296 million.
The figures, for the year to end March, were worse than expected. The airline said that it would be making around 3,000 full time job cuts and the poor results also put the future of its chief executive Leo van Wijk in doubt.
Like the airline industry as a whole, KLM has been hit by the war in Iraq, a sluggish economy and the SARS virus.
“The current industry environment is unprecedented and we believe that the revenue environment has permanently changed,” said Mr van Wijk.
The carrier is due to announce shortly if it will join the SkyTeam alliance led by Air France and Delta or the British Airways and American Airlines’ led Oneworld network.
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Dozens fall ill in P&O Cruises ship outbreak
Boy falls to death on cruise ship
Turkish Airlines flight in emergency landing after pilot dies
Unexpected wave rocks cruise ship
Woman dies after going overboard in English Channel