KLM Cuts Costs, Capacity, Returns To Profitability
KLM returned to profitability in its fiscal third quarter, ending Dec. 31, 2003, after it managed effectively to cut costs and capacity in the period. The cost cuts were aided by the strong decline of the dollar against the euro. KLM's shares rose 1.5% to EUR15.3 (US$19). Europe's fourth-largest...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? 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.
Related Content
