(MENAFN- Kuwait News Agency (KUNA)) BRUSSELS, July 31 (KUNA) -- Dutch airlines KLM is set to cut its workforce by between 4,500 and 5,000 full time jobs in the coming years as income plummets due to the coronavirus pandemic, Dutch media reported Friday.
آ The airline has been hit by a 95 percent drop in passenger numbers and booked an operating loss of EUR 800 million (USD 948 million) in the first half of this year, Dutch News NL reported today.
آ آ The airline also expects to have to repay EUR 1.6 billion (USD 1.9 billion) آ to passengers whose flights have been cancelled.
آ آ Some 1,500 temporary contracts will not be renewed and some 2,000 jobs will go through a voluntary redundancy scheme. But some 1,500 people will lose their jobs, including ground, cabin, cockpit crew and administrative workers.
آ آ The Dutch government has agreed to bail out KLM to the tune of EUR 3.4 billion (USD 4 billion) through loans and guarantees.
KLM currently has a workforce of around 33,000. (end)
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