KLM
KLM submitted its restructuring plan to the Netherlands Ministry of Finance as key condition in obtaining government loan and guarantees to the value of €3.4b; plan mandates far-reaching, structural initiatives (cost cuts) to ensure future success.
Subscription Required
KLM is part of our SpeedNews subscription.
Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.
Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.