KLM (Koninklijke Luchtvaart Maatschappij)

Type
Business expansion
Country
Netherlands
Region
West-Nederland; Noord-Holland; Groot-Amsterdam
Location of affected unit(s)
Amstelveen, Haarlemmermeer
Sector
Transportation / Storage
51 - Air transport
51.1 - Passenger air transport
51.1 - Passenger air transport
465 jobs
Number of planned job creations
Job creation
Announcement Date
29 February 2024
Employment effect (start)
29 February 2024
Foreseen end date
31 December 2024

Description

Dutch airline KLM (Koninklijke Luchtvaart Maatschappij) has announced it is actively seeking 265 pilots and 200-300 technicians in 2024 to address a skilled personnel shortage that hampers its post-pandemic recovery.

Despite Air France-KLM’s record revenue and profit in 2023, KLM faces challenges due to Russia's war in Ukraine's impact on flight routes, weather-related cancellations, and ongoing fleet renewals.

KLM's operating profit fell from €702 million to €650 million, while revenue increased to €12 billion. Capacity is expected to reach 88% of 2019 levels in 2024, but full recovery might take two years.

Sources

Citation

Eurofound (2024), KLM (Koninklijke Luchtvaart Maatschappij), Business expansion in Netherlands, factsheet number 201628, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201628.