February 11, 1994 |
Northwest Airlines and KLM Royal Dutch Airlines will launch a new, shared business class service next week in a bid to lure high-fare passengers amid an industry price war, industry sources said Friday. Northwest, the nation's fourth largest airline, declined comment but said the carriers plan to announce "a significant expansion of our global alliance" at a news conference Tuesday. KLM could not be reached for comment.
August 16, 1993 |
A hostage pilot and steward escaped through the cockpit window of their commandeered Dutch airliner early today, dramatically ending an 11-hour standoff with an Arab hijacker demanding freedom for a Muslim cleric linked to the deadly World Trade Center bombing. Special police commandos stormed the KLM Boeing 737-400, which had been diverted to Duesseldorf, and overpowered the unidentified Egyptian hijacker at 2 a.m. (5 p.m.
August 15, 1993 |
Some people on this plane don't care where it's going. It is heading for Stockholm, but they would be just as happy going to Lisbon, Larnaca or Liverpool. Take Remco Rijkhals and Steven Peeters. They planned this journey weeks ago, but when they booked their tickets they had no idea where they would end up. "I'm just addicted to flying," said Rijkhals, 19. "I think it's great. The food is one of the high points. And I love airports. I'm just crazy about all of it."
May 1, 1993 |
The recent announcement that four mid-size European airlines plan to merge represents another major step on the way toward a long-overdue shakeout of Europe's fragmented air transport business. KLM Royal Dutch Airlines, Swissair, Austrian Airlines and Scandinavian Airlines System announced their intent to form a single company, jointly owned by the four. Together, they would become Europe's No. 2 carrier after British Airways; they would be the seventh-biggest in the world.
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.
November 17, 1992 |
The Department of Transportation Monday gave tentative antitrust clearance that would let KLM Royal Dutch Airlines and financially troubled Northwest Airlines Inc. operate as if they were a single airline. The DOT issued a show-cause order asking for comment on both sides of the issue but said that the proposed agreement between the two airlines appeared to benefit the public.
September 10, 1992 |
Northwest Airlines and KLM Royal Dutch Airlines asked the U.S. government Wednesday for permission to operate as though they were a single global airline. The two airlines asked the U.S. Department of Transportation to approve a marketing and commercial alliance that would integrate many of their operations. The airlines said they will also seek antitrust clearance for the agreement.
June 5, 1992 |
KLM Royal Dutch Airlines reported a profit for its March 31 fiscal year and restored its dividend after missing its payout the previous year. The Dutch flag carrier made a $69-million net profit in the year to March 31 after a loss of $348 million in the year before. Revenue rose to $4.37 billion from $3.62 billion.
November 20, 1991 |
The FNV Transport Union claimed Tuesday that British Airways is negotiating the takeover of the Dutch flag carrier KLM. Both British Airways and KLM have refused any public comment on the claims by the Dutch union, which met for three hours with KLM officials Tuesday. Brokers here discounted reports of a takeover, and said a merger was more likely, noting that the Dutch government owns a 38.2% stake in KLM. But the reports sent KLM stock sharply higher.
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.