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                    <title><![CDATA[KLM Newsroom]]></title>
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                    <lastBuildDate>Thu, 17 Sep 2026 22:04:36 +0200</lastBuildDate>
                    <pubDate>Wed, 20 Nov 2024 15:29:27 +0100</pubDate>
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                        <title>Positive third quarter for KLM despite facing challenges</title>
                        <link>https://news.klm.com/positive-third-quarter-for-klm-despite-facing-challenges/</link>
                        <guid>https://news.klm.com/positive-third-quarter-for-klm-despite-facing-challenges/</guid><pp:caseid>602699</pp:caseid><pp:summary><![CDATA[<p style=\"margin-left:0px;\"><span style=\"background-color:rgb(255,255,255);\"><span style=\"margin:0px;padding:0px;text-align:left;\"><strong>In the third quarter of 2023, KLM generated operational profits of €539 million against a turnover of €3.425 billion. This represents an increase in comparison with last year’s figures. Although the total number of flights operated worldwide has yet to reach pre-Covid levels, people are still keen to travel by air. Combined, these factors led to positive results.</strong>&nbsp;</span></span></p>]]></pp:summary><description><![CDATA[<p style="margin-left:0px;text-align:left;"><span style="margin:0px;padding:0px;">In comparison with pre-Covid figures, capacity reached nearly 90% as a result of labour market scarcity and protracted delivery times for aircraft components.&nbsp;</span></p><p style="margin-left:0px;text-align:left;"><span style="margin:0px;padding:0px;">KLM welcomed 8.4 million passengers on board during the third quarter, which includes the summer holiday season. Similarly, Transavia carried around 2.9 million travellers.&nbsp;</span></p><p style="margin-left:0px;text-align:left;"><span style="margin:0px;padding:0px;"><strong>9M figures</strong>&nbsp;</span></p><p style="margin-left:0px;text-align:left;"><span style="margin:0px;padding:0px;">Operational profits amounted to €668 million for the first nine months of the year against a turnover of €9.058 billion. During the same period in 2022, operational profits amounted to €708 million (including €138 million under the governmental emergency job-retention scheme – NOW) against a turnover of €7.921 billion.&nbsp;&nbsp;</span></p><p style="margin-left:0px;text-align:left;"><span style="margin:0px;padding:0px;">Cargo demand dropped following its peak during the pandemic. Engineering & Maintenance is still experiencing worldwide supply chain problems, but is performing in line with expectations. Transavia performed very well during summer, serving to offset losses caused by fleet problems earlier this year.&nbsp;</span></p>]]></description><pp:quotes><pp:quote>
                    <pp:quotename><![CDATA[Marjan Rintel - CEO KLM]]></pp:quotename>
                    <pp:quotetext><![CDATA[We achieved favourable financial figures for the third quarter because our customers are keen to travel. However, the first nine months of the year were not without a fair share of hurdles. Ongoing problems with the delivery times of parts worldwide and the still-tight labour market mean that we cannot solve the bottlenecks that arose during corona as quickly as we would have liked. What’s more, uncertainties are now threatening the future of Schiphol and Dutch aviation. We’re maintaining course at KLM. We will be operating cleaner, quieter and more efficient flights and therefore placed a billion-dollar order with Airbus in September for brand-new A350s to replace the older aircraft in our fleet. We stand for a well-connected Netherlands and continue to invest in achieving this objective, which enjoys commitment from everyone at KLM. We also need clear and stable government policy to support this.]]></pp:quotetext>
                </pp:quote><pp:quote>
                    <pp:quotename><![CDATA[Erik Swelheim - CFO KLM]]></pp:quotename>
                    <pp:quotetext><![CDATA[We must remain cautious. Pressing geopolitical tensions, signs of recession in the cargo market and rising oil prices make it necessary to focus on cost control and increased efficiency. At the same time, investments are necessary in order to achieve our objective of operating cleaner, quieter and more efficient flights. For this reason, we’ve initiated a programme aimed at achieving a structural, annual improvement of €700 million in terms of margins. We will be cutting costs and working more efficiently and effectively to achieve this.]]></pp:quotetext>
                </pp:quote></pp:quotes><category><![CDATA[klm,performance,derdekwartaalcijfers,KLM Royal Dutch Airlines,q3 results,company]]></category>
            <pubDate>Fri, 27 Oct 2023 07:16:00 +0200</pubDate>
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                        <title>KLM Group’s third-quarter figures</title>
                        <link>https://news.klm.com/klm-groups-third-quarter-figures/</link>
                        <guid>https://news.klm.com/klm-groups-third-quarter-figures/</guid><pp:caseid>479967</pp:caseid><pp:summary><![CDATA[<p><span><span><span><strong><span><span><span>The process of recovery that was already visible in the second quarter continued into the third quarter. This therefore marks the first time KLM has closed a quarter with an operating profit since the start of the Covid-19 crisis nineteen months ago.</span></span></span></strong></span></span></span></p>

<p><span><span><span><strong><span><span><span>KLM Group&rsquo;s operating result in the third quarter of 2021 amounted to a profit of &euro;168&nbsp;million, compared to a loss of &euro;234 million in 2020 and a profit of &euro;511 million in 2019. Turnover totaled &euro;1.890 billion, compared to &euro;1.144 billion in 2020 and &euro;3.131 billion in 2019.</span></span></span></strong></span></span></span></p>
]]></pp:summary><description><![CDATA[<p><span><span><span><span><span><span>With the summer holiday period from July through to the end of September, this is traditionally a strong quarter for the airline industry. Borders within Europe gradually opened up for travellers and the Caribbean part of the kingdom was assigned a green or yellow colour code by the Dutch Ministry of Foreign Affairs. Partly as a result of this, KLM welcomed 5.2 million passengers on board last summer, compared to 2.3 million in 2020 and 9.5 million in 2019. Transavia also reflects a positive trend. This shows that recovery has continued across the passenger business. Customers want to travel and the impact of borders opening up is directly visible in the bookings. For next winter, customers will be able to choose from 162 KLM destinations. What&rsquo;s more, the range of destinations, with more emphasis on leisure, will return to its pre-Covid-19 level.</span></span></span></span></span></span></p><p><span><span><span><span><span><span>Cargo continues to perform well. Turnover rose to &euro;467 million, representing an increase of 13%, even though market capacity was up compared to the third quarter of 2020. The maintenance division continued to suffer from the decreasing demand for third-party maintenance. Third-party turnover therefore amounted to &euro;77 million, reflecting a decrease of 22%.</span></span></span></span></span></span></p>]]></description><pp:quotes><pp:quote>
                    <pp:quotename><![CDATA[KLM President &amp; CEO Pieter Elbers]]></pp:quotename>
                    <pp:quotetext><![CDATA[Our customers were able to travel more in the third quarter because there were fewer travel restrictions within the EU. Consequently, the market continued to recover. Together with our effective and ambitious network strategy and focus on costs, this contributed towards achieving positive third quarter results. I&rsquo;m proud of this and would like to thank our customers and KLM colleagues alike. It&rsquo;s clear that we are climbing out of the doldrums and that further recovery is underway. Marking another important milestone, the US will also open up to European passengers in the fourth quarter. While we&rsquo;re not there yet, since the road to full recovery will be long and bumpy, we at KLM are ready for it.]]></pp:quotetext>
                </pp:quote></pp:quotes><category><![CDATA[performance,q3 results,results,klm,klm group,finance]]></category>
            <pubDate>Fri, 29 Oct 2021 07:16:00 +0200</pubDate>
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