AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

Dutch national airline KLM said Friday it will cut up to 2,000 jobs as it battled the impact of the new coronavirus outbreak, and announced other cost-cutting measures. Chief executive Pieter Elbers said KLM - which has around 33,000 employees - will also ask personnel to work shortened hours, while grounding its fleet of six Boeing 747s from April 1.

"In the coming months we'll reduce 1,500 to 2,000 jobs to mean that not only in the coming weeks, but in the coming months we will have fewer colleagues," Elbers said in a video message posted on KLM's website.

The airline's top official said the job cuts mainly included part-time workers, those destined for retirement and natural attrition.

"We believe this is adequate to ensure that there are no other forced retrenchments," Elbers said.

The Dutch carrier, which merged with Air France in 2004, predicted that flight numbers would drop by 20 percent in March and 30 percent in April as the airline suspended flights to China and Italy as a result of the COVID-19 outbreak.

Air-France KLM warned Tuesday that the coronavirus outbreak will hit its business harder in the coming months after February passenger numbers fell by 0.5 percent.

Last month, Air France-KLM put the coronavirus cost to the airline at 150-200 million euros up to April.

"A lot has happened in the last five days," Elbers said as the number of cases globally climbed to 140,720 with 5,347 deaths across 124 countries and territories.

Copyright Agence France-Presse, 2020

Comments

Comments are closed.