The FINANCIAL — KLM is in the midst of the worst crisis in its 101-year history, with the COVID-19 pandemic eroding its strong performance of recent years. The EUR 3.4 billion loan package, consisting of a government loan and guarantees on bank loans, is crucial to securing the future of the airline and its network for the Netherlands. KLM is very grateful to the Dutch government for its support and willingness to provide financing at this time. The Dutch Government has made its loan package contingent on certain conditions, one being that all KLM employees must agree to surrender certain…
Read More »
The FINANCIAL — KLM is in the midst of the worst crisis in its 101-year history, with the COVID-19 pandemic eroding its strong performance of recent years. The EUR 3.4 billion loan package, consisting of a government loan and guarantees on bank loans, is crucial to securing the future of the airline and its network…
You might be interested in
The 34th Joint Meeting of the UNWTO Commission for East Asia and the Pacific and the UNWTO Commission for South…
The latest data from ForwardKeys reveals that Russian outbound tourism, already severely handicapped by pandemic travel restrictions, has fallen even…
A federal judge struck down the government’s transportation mask mandate on Monday, making face coverings optional for passengers and employees.…
There are plenty of reasons you should make Uganda your next travel destination or, at least, on your travel bucket…