June 5, 2000 |
British Airways, Europe's biggest airline, wants to link with KLM Royal Dutch Airlines by the end of the summer, the Sunday Times reported. A BA spokeswoman declined to comment on "media speculation." The newspaper also said that if American Airlines parent AMR Corp. manages to buy Northwest Airlines Corp., the four airlines could then form a "transatlantic super-alliance."
February 7, 1991 |
KLM Royal Dutch Airlines, hit by soaring fuel costs and falling passenger traffic since the start of the Gulf crisis, said today it expects to lose $396 million in the current fiscal year ending in March. It earned $207 million in the last financial year, which ended March 31, 1990. The Dutch-flag carrier reported a net loss of $130 million in the third quarter to Dec. 31, against a $35.7-million profit in the same period a year earlier.
April 28, 2013
Pack your cool-weather clothes for this deal: KLM has a $754 round-trip airfare to St. Petersburg, Russia, from LAX , including all taxes and fees. It is subject to availability and requires a Saturday night stay. Other restrictions may apply. It is for travel between Sept. 15 and March 27. Info : KLM , (800) 225-2525 Source: Airfarewatchdog Follow us on Twitter @latimestravel , like us on Facebook @Los Angeles Times Travel.
March 27, 1987 |
She has often wondered why she and her husband escaped death while so many others perished in the crash. Ten years ago today, Floy Olson of Laguna Hills Leisure World was one of 68 people to survive the worst airplane disaster in aviation history, a two-plane collision that killed 582 people in the Canary Islands. Olson, a retired junior high school teacher, was aboard a Pan American jet when a KLM Royal Dutch Airlines jet slammed into it at Santa Cruz de Tenerife.
April 10, 1986
Boeing valued the sale at about $900 million. KLM Royal Dutch Airlines became the first European airline to order the ultra-long range jets, which are scheduled for delivery in 1989 and 1990. They will be used to replace 747-200s that KLM purchased in the early 1970s.
June 2, 1989 |
KLM Royal Dutch Airlines said Thursday that it has joined with Los Angeles financier Alfred A. Checchi in his bid for NWA Inc., the parent of Northwest Airlines. KLM, which has been looking for a U.S. partner, issued a statement saying it had agreed to buy a "minority equity interest in a corporation formed by Alfred Checchi" to bid for NWA. KLM spokeswoman Odette Fodor said a confidentiality agreement between Checchi's group and NWA prohibited disclosures about the size of KLM's investment.
July 31, 1997 |
Bad feelings between Northwest Airlines and KLM Royal Dutch Airlines were put aside Wednesday as KLM agreed to sell back its ownership stake in the U.S. carrier for more than $1 billion, more than doubling its initial investment. The airlines also said they will replace a partnership with long-term contracts to keep the profitable alliance going. "Northwest and KLM will expand the most successful airline alliance in the industry.
January 30, 1993 |
Northwest Airlines and KLM Royal Dutch Airlines on Friday announced reductions of up to 40% on discount fares to Europe--the first joint sale under their recently approved global partnership. The prices largely match a transatlantic sale started by Trans World Airlines, but also offer fares of between $70 and $100 for non-stop trips within Europe on KLM. Travelers must purchase at least three $100 coupons. Most other U.S.
June 1, 1989 |
KLM Royal Dutch Airlines has joined a bid by Los Angeles investor Alfred Checchi to buy NWA Inc., the parent of Northwest Airlines, a KLM spokesman confirmed today. NWA stock rose $1.37 1/2 to $108.75 today in early composite New York Stock Exchange trading. KLM has "a commitment to an American investment group headed by Mr. Alfred Checchi to take an indirect interest in a company to be formed by Mr. Checchi that will issue a bid for Northwest Airlines," KLM spokesman Peter Wellhuener said.
September 22, 2000 |
British Airways said Thursday that it had ended talks over a possible takeover of KLM Royal Dutch Airlines after the two failed to agree on the structure of a new joint airline. British Airways Chief Executive Rod Eddington told Reuters that fundamental to the failure of the talks was that KLM appeared unhappy that BA, Europe's largest airline, would control the merged entity.