KLM Royal Dutch Airlines (KL, Amsterdam Schiphol) has postponed plans for its new head office and is critically reviewing its investments, cost-saving strategies, and new revenue opportunities as it looks to control rising costs which have resulted in an operating loss of EUR31 million euros (USD34.1 million) for the first half of 2024, despite higher revenues compared to the previous year.

In a statement, Chief Financial Officer Bas Brouns described the results as “downright disappointing”, adding that…

Source: ch aviation
Read more: KLM delays new HQ, reviews costs after €31mn 1H24 hit