Last year, KLM achieved a turnover of 12.1 billion euros. Operating profit amounted to 650 million. The figures were presented on Thursday. According to KLM, turnover has never been so high. The planes are almost as full as before corona, while ticket prices are higher. Overall, revenues increased by 14 percent. However, compared to fiscal year 2022, profits were under pressure as a result of the war in Gaza. For this reason, KLM stopped flying to Israel. KLM will resume flights to Tel Aviv in April. Flights are flown via Cyprus so that KLM can change crews there, so that they do not have to spend the night in Israel. “The past year has been marked by KLM’s further recovery,” says CEO Marjan Rintel. “We have continued with the introduction of the Premium Comfort Class and the new World Business Class seats. As Air France-KLM Group, we have decided to invest heavily in a new generation of long-haul aircraft, the Airbus A350, which is cleaner, quieter and more fuel-efficient than its predecessor.” Operationally, things went better in 2023 than the year before, says Rintel. “Still, we had to deal with obstacles. We had to limit capacity. Firstly, this was due to the ongoing global supply chain issues. Secondly, we are catching up with regard to hiring technicians and pilots. Unfortunately, as a result, we were not always able to meet the customer’s expectations. A stable and manageable operation remains our priority in 2024. To this end, we have taken measures that will bear fruit in the near future.’ KLM carried 30.3 million passengers last year. Subsidiary Transavia welcomed 8.9 million passengers on board. Transavia took delivery of the first A321neo in December, an important innovation that contributes to the sustainability goals of the entire KLM Group. Last year, parent company Air France-KLM achieved the highest profit in recent years. In 2023, 934 million remained at the bottom of the line. A year earlier, this was still 728 million. Photo: Marjan Rintel (Photo KLM).
