Dutch airline KLM to shed up to 5,000 jobs due to virus

KLM yesterday reported an unprecedented €768 million loss for the first half of 2020, with passenger numbers falling 95% in the second quarter from nine million to less than half a million. – EPA pic, July 31, 2020.

DUTCH airline KLM said today it would shed up to 5,000 jobs due to a “crisis of unprecedented magnitude” caused by the coronavirus pandemic.

The carrier, part of the Air France KLM group, said the cuts through the end of 2021 were necessary as it had made huge losses despite a €3.4 billion (RM17.2 billion) Dutch government bailout.

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