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klm royal dutch air -ny reg (KLMR) Snapshot

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12/17/14 - $6.00
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Current Stock Chart for KLM ROYAL DUTCH AIR  -NY REG (KLMR)

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klm royal dutch air -ny reg (KLMR) Details

KLM Royal Dutch Airlines, together with its subsidiaries, provides passengers and cargo air transport, and aircraft maintenance services in the Netherlands and internationally. It also offers catering and handling services to third-party airlines and clients; and operates charter and scheduled flights. The company was founded in 1919 and is headquartered in Amstelveen, the Netherlands. KLM Royal Dutch Airlines is a subsidiary of Air France KLM S.A.

30,235 Employees
Last Reported Date: 04/4/14
Founded in 1919

klm royal dutch air -ny reg (KLMR) Top Compensated Officers

Chief Executive Officer, President and Member...
Total Annual Compensation: €587.5K
Managing Director and Member of Board of Mana...
Total Annual Compensation: €538.7K
Compensation as of Fiscal Year 2013.

klm royal dutch air -ny reg (KLMR) Key Developments

KLM Royal Dutch Airlines Hires Rene De Groot as New Chief Operating Officer, Effective from January 1, 2015

KLM Royal Dutch Airlines announced the hiring of Rene de Groot as its new Chief Operating Officer (COO), effective from January 1, 2015. In this new role, he will be responsible for managing KLM s operational divisions and will replace Pieter Elbers, who became President and CEO of KLM on October 15, 2014. In 1990, Rene de Groot joined KLM and is currently functioning as Senior Vice President of Operations at Engineering & Maintenance.

KLM and Air France Plans to Launch New London – Bogotá Service in March 2015

From 31 March 2015, KLM and Air France will be joint-operating a B777-200 flight on a new service from London Heathrow to Bogotá and Cali three times a week, increasing their weekly runs to Bogotá to 10 flights a week from both Amsterdam and Paris. The combined venture will allow for greater flexibility and freedom for travelers, who have the choice to depart with one carrier, return on the other and add connecting flights in Paris or Amsterdam. The route is a far from unfamiliar one to the Dutch carrier, having previously run a service to Bogotá 18 years ago, between October 1992 and March 1995. Now that KLM are again expanding their routes in South America - increasing the frequency of flights to Ecuador and adding Santiago de Chile to its network of destinations - this new route fits their strategy. By offering increased flights from London’s capital to the capital of Columbia, one of South America’s fast-growing economies, KLM serve as a gateway for Columbian travelers and open up their business opportunities with Europe.

KLM Announces Earnings Results for the Third Quarter and Nine Months of 2014

KLM announced earnings results for the third quarter and nine months of 2014. For the quarter, revenue was EUR 2.75 billion compared to EUR 2.80 billion a year ago. EBITDA was EUR 410 million compared to EUR 502 million a year ago. Operating result was EUR 265 million compared to EUR 358 million a year ago. For the nine months, revenue was EUR 7.31 billion compared to EUR 7.42 billion a year ago. EBITDA was EUR 646 million compared to EUR 680 million a year ago. Operating result was EUR 232 million compared to EUR 281 million a year ago.


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