RJ100
Topic Author
Posts: 3895
Joined: Wed Nov 22, 2000 1:37 am

KLM Back In The Black Numbers

Thu Jan 22, 2004 7:53 pm

Hello all

KLM posted an 8 Mio. Euro profit for the 3rd quarter of 2003 and is expecting a full profitable year 2004!

That's good news.  Smile

RJ100
none
 
killerbabe
Posts: 185
Joined: Tue Aug 05, 2003 3:47 am

RE: KLM Back In The Black Numbers

Fri Jan 23, 2004 12:37 am

and they will increase capacity by 8% in the summer....
Keep going on,...KLM
 
Coronado990
Posts: 1312
Joined: Fri Oct 24, 2003 2:12 am

RE: KLM Back In The Black Numbers

Fri Jan 23, 2004 2:33 am

That is great news! Now maybe we can entertain the thought of getting those beautiful blue 777-200ERs here at SAN as I have been told.
Uncle SAN at your service!
 
kl911
Posts: 3981
Joined: Mon Jul 21, 2003 1:10 am

RE: KLM Back In The Black Numbers

Fri Jan 23, 2004 3:56 am

Yes! Now we don't need AF anymore! I would like to say to the KLM management: 'Don't sign the agreement in April, AF will take all your cash...'
 
jwenting
Posts: 9973
Joined: Mon Apr 23, 2001 10:12 pm

RE: KLM Back In The Black Numbers

Fri Jan 23, 2004 5:16 am

we never needed AF in the first place.
KLM was in the red for only 2 quarters, and all that did was decrease the cash reserves a bit.

The negative numbers for the year were caused almost completely by the payments on the new aircraft and the fact that the sale of the old ones didn't bring the expected cash in time.
I wish I were flying
 
EZYcrew
Posts: 454
Joined: Mon Oct 29, 2001 7:26 am

RE: KLM Back In The Black Numbers

Fri Jan 23, 2004 5:21 am

Wonderful news! I hope KLM can keep its independance, and proudly fly the Dutch flag all over the world!
 
globetrekker
Posts: 800
Joined: Sat Dec 13, 2003 10:51 am

RE: KLM Back In The Black Numbers

Fri Jan 23, 2004 10:52 am

KLM agent here.

It is not likely that KLM will keep their independence. It is straight ahead for AF-KL unfortunately. As soon everything is approved you will see some heavy duty brand management going on. Just like a few years ago wit KLM/Alitalia. What a disaster that turned out to be!

I am glad however for KLM.

Happy Flying all,

GlobeTrekker
The World Is A Book And Those Who Do Not Travel Read Only A Page
 
jwenting
Posts: 9973
Joined: Mon Apr 23, 2001 10:12 pm

RE: KLM Back In The Black Numbers

Fri Jan 23, 2004 2:09 pm

As will KLM/AF, Globetrekker...

Though that will be a disaster only for KLM and the Dutch economy as jobs and money will be quickly siphoned away to Paris leaving Schiphol an empty shell.
I wish I were flying
 
bobrayner
Posts: 2038
Joined: Sun Apr 27, 2003 8:03 am

RE: KLM Back In The Black Numbers

Fri Jan 23, 2004 9:25 pm

Though that will be a disaster only for KLM and the Dutch economy as jobs and money will be quickly siphoned away to Paris leaving Schiphol an empty shell.

If you could try to concentrate on logical and factual statements, that would be great.

AF might be inefficient (KLM is barely better) but it's not a vampire that will steal your best routes, sack your staff, take your money, and rape your kittens.
Cunning linguist
 
jwenting
Posts: 9973
Joined: Mon Apr 23, 2001 10:12 pm

RE: KLM Back In The Black Numbers

Sat Jan 24, 2004 5:11 am

AF in fact IS a vampire.
They've killed every airline in France already and are now expanding into Europe.
The scheme is always the same:
1) AF buys the airline for a sum of cash (usually involving some underhand dealings)
2) The airline suddenly starts to run extremely poorly and loosing spades of money
3) a few years later the airline is declared bankrupt with AF being the largest debtor getting all the routes and equipment.

Happened only last month once again...
I wish I were flying

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