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Tag: KLM

  • KLM pilots agree to reduced salaries by 2025

    KLM pilots agree to reduced salaries by 2025

    KLM pilots agreed on Tuesday the salary reduction requested by the Government, in exchange for the financial assistance package of 3.4 billion euros, Reuters reports.

    In June, the Dutch government announced it would provide KLM a 3.4 billion euros to help it survive the coronavirus pandemic (COVID-19).

    The package consists of 2.4 billion euros in guaranteed bank loans and one billion euros in direct credit, said Dutch Finance Minister Wopke Hoekstra.

    Earlier, the KLM pilots’ union agreed to reduce salaries until March 2022, but the government has demanded guarantees that salaries will be frozen for another three years.

    Initially, the pilots refused and this decision could have led the Executive to stop providing financial assistance. However, an agreement was reached on Tuesday between the management and the KLM pilots’ union.

  • Ryanair wants EU to block €3.4bn ”illegal” state aid to KLM

    Ryanair wants EU to block €3.4bn ”illegal” state aid to KLM

    Ryanair called on the EU Commission ”to block the latest illegal” State Aid of €3.4bn to Dutch flag carrier KLM, which equates to a subsidy of €200 on behalf of every man, woman and child of Holland.

    The company shows that ”The Dutch Govt are great at preaching fiscal conservatism to other EU countries but when it comes to bailing out flag carrier airlines they write subsidy checks even faster than Mrs Merkel”.

    Ryanair Group CEO Michael O’Leary said: “16 years after Air France’s takeover of KLM, every Dutch citizen now has to pay €200 each to prop-up Air France-KLM, while each French citizen will only pay a subsidy €100. For this €200 KLM subsidy, every Dutch man, woman and child could buy 5 flights with Ryanair, instead of paying for the failure and inefficiency at Air France-KLM.”

    ”We call on the European Commission to block this subsidy doping to KLM, which will further reduce competition and consumer choice in the Dutch and French markets”, O’Leary completed.

  • KLM will fly from Schiphol to 31 intercontinental destinations

    KLM will fly from Schiphol to 31 intercontinental destinations

    From Monday 18 May to Sunday 24 May inclusive, KLM will fly from Schiphol to 31 intercontinental destinations, show KLM.com.

    All flights as scheduled in the summer schedule are subject to change. It is customers own responsibility to take note of the various restrictions that vary from country to country and from person to person and may change at any time.

    Air France and KLM have issued vouchers

    Air France and KLM have issued refundable vouchers as a commercial response to massive flight cancellations. These vouchers can be reimbursed after 12 months if they have not been (fully) used.

    To enhance the attractiveness of the vouchers, issued before or after 15th May the companies added a bonus of 15% to the total value of the initial ticket.

    This extra value can be used for a new booking but will not be included in the cash payout after 12 months if no new booking has been made.