KLM to Cut as Many as 1,000 Jobs as Travel Recovery Hopes Fade
- Dutch airline may scrap 60% of flights amid new rules: CEO
- Netherlands is imposing stricter travel and health measures
Photographer: Cyril Marcilhacy/Bloomberg
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Air France-KLM’s Dutch arm is cutting as many as 1,000 jobs on top of 5,000 shed last year in a sign the resurgence of Covid-19 cases in Europe is pushing airlines to take more drastic measures to survive the pandemic.
The workforce needs to be reduced because a recovery in air travel is taking longer than initially expected, KLM said in a statement on Thursday. Health and travel restrictions have particularly hurt booking to long-haul destinations, the carrier said.