About: KLM

Aviation 13-07-2020

Vestager hails KLM’s ‘very good’ €3.4bn bailout

The European Commission has approved the Dutch government’s €3.4 billion support package for national airline KLM, despite criticism levelled at conditions linked to pay cuts.
Aviation 26-06-2020

Dutch government unveils KLM rescue plan

The Netherlands' national airline, KLM, is set for a €3.4 billion bailout package should it meet certain employment, financial and sustainability targets, the Dutch government announced on Friday (26 June). It still requires regulatory approval from Brussels.
Aviation 07-05-2020

KLM’s coronavirus bailout still waits for takeoff

The Dutch government’s proposed €2-4 billion aid package for national airline KLM was debated in parliament on Wednesday (6 May), but lawmakers are still divided over what strings - if any - to attach to the bailout.
Railways 04-05-2020

French railways on track to seek virus bailout

France’s state-owned rail company has suffered losses of €2 billion because of the coronavirus outbreak and may need government aid in order to stave off job cuts. An already-agreed bailout for the aviation industry could end up boosting demand.
Aviation 27-04-2020

Air France-KLM gets virus bailout, green conditions still pending

Air France-KLM will get a state-backed bailout of around €10 billion in loans and guarantees. But the lack of strict conditions in the aid packages announced by the French and Dutch governments on Friday (24 April) has already stoked criticism.
Competition 12-02-2004

Go-ahead for Air France-KLM merger confirms consolidation of airline sector

The Commission has authorised the Air France to take over Dutch airline company KLM. The merger creates the world's number one airline group by revenue.
Competition 01-10-2003

Air France-KLM merger confirms consolidation of European airline sector

The merger between Air France and KLM announced on 30 September is symptomatic of the increased pressures on the European fragmented airline market.
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