KLM Royal Dutch Airlines will be repaying the final portion of €277 million of the loans secured from the Dutch government and the banks in 2020. KLM borrowed a total of €942 million from the credit facility of €3.4 billion. This repayment means that two years on, KLM will have redeemed all the portions it used of the loan package received to deal with the Covid-19 crisis and to safeguard its future.
His Majesty, King Willem-Alexander today accorded KLM CEO Pieter Elbers the title of Commander in the Order of Orange-Nassau at his farewell reception because of his tireless efforts for KLM and the airline industry in the Netherlands.
As a result of staffing problems at Schiphol, all airlines will only be able to board a maximum number of passengers from Amsterdam in July and August.
Dutch Open, KLM Royal Dutch Airlines presented its new Premium Comfort Class, an intermediate cabin offering more space, luxury, service options, comfort and privacy than Economy Class, at lower prices than World Business Class. The new Premium Comfort Class allows KLM to more closely meet the needs and wishes of leisure and business travellers.
KLM Cityhopper has received its first Embraer E195-E2. This first E2 delivery to the carrier, and lessor ICBC Aviation Leasing, brings the total number of Embraer jets in the KLM Cityhopper fleet to 50.
The airlines have worked with the Dutch government, Amsterdam Airport Schiphol and Hartsfield-Jackson Atlanta International Airport to deliver a comprehensive Covid-19 testing program.
KLM Royal Dutch Airlines has submitted a restructuring plan to the Netherlands ministry of finance as the carrier seeks to overcome the slowdown in travel surrounding the Covid-19 pandemic.
Linking Central London to the capital city of the Netherlands, the route will begin as a single daily service, with frequency increases expected as demand for travel returns.
From July 4th, KLM will recommence a daily service between Leeds Bradford and Amsterdam Schiphol Airport to assist with essential travel and repatriation.
Embraer and KLM Cityhopper have signed a firm order for 21 E195-E2 aircraft, plus 14 purchase rights. The 21 firm positions will be acquired via operating lease from Embraer lessor partners Aircastle and ICBC Aviation Leasing.
KLM Cityhopper has revealed plans to purchase up to 35 E195-E2 jets from Embraer. The deal is composed of 15 firm orders and purchase rights for a further 20 aircraft of the same model.