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KLM will resume 95% of routes in 2021 in the recovery of international travel

Dutch airlines KLM He said he plans to revive almost all international routes this year. Vaccine deployment brings hope for a resurgence in the travel industry..

KLM President and CEO Pieter Elbers told CNBC that the carrier will also add a new route to Riyadh, the capital of Saudi Arabia, despite the limited capacity and frequency of all flights.

“We expect to return to about 90-95% of all destinations that were flying before Covid,” Elbers said. “Capital Connection” Wednesday.

“But I have to say that the capacity will be reduced, so the frequency level will be significantly lower than in 2019.”

He said the rate and extent of its resumption would vary from region to region, depending on vaccination coverage.

Obviously, the European-Asia part is expected to be slower than some other recovery.

Peter Elbers

KLM President and Chief Executive Officer

Already, the US domestic air travel market is showing strong signs of recovery amid rising vaccination rates, he said. As inoculation levels rise, Europe needs to follow suit and improve the prospects for cross-Atlantic travel.

However, the resumption of Asia will be delayed.

“Obviously, when it comes to quarantine and other inbound travel measures, we expect the Europe-Asia part to be slower than some others, given the very tight regimes in some countries.” Elbers said.

Expansion of the Middle East

Meanwhile, in the Middle East, due to the widespread success of vaccine deployments, the company plans to launch a new riad route this summer after postponing last year’s plans.

“Many Middle East and Middle Eastern countries have made great strides in terms of vaccination levels,” said Elbers. “That’s why we’re actually expanding and adding destinations like Riyadh in the Middle East, and we’re seeing travel return to a more reasonable number than before.”

Boeing 737 KLM Airlines. On April 24, 2021, an aircraft landed at Leonardo da Vinci International Airport in Fiumicino, Italy.

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The comment was added the day after UAE airline Emirates reported a $ 5.5 billion annual loss (for the first time in 30 years). $ 1.1 billion bailout from Dubai government.

last month, Air France-KLM Reported First quarter net loss of $ 1.8 billion, Elbers said, “worse than expected.”

He said he would not rule out the possibility of further government support if the industry suffered more Covid-19 rekindling. However, Elbers said KLM’s existing $ 4.1 billion loan and equipment should provide airlines with a “solid foundation for the future.”

“There are signs of optimism going forward. In fact, we’re trying to balance that there’s still a lot to do for cost savings and restructuring, but we’re still a little more positive for the future. I can see it, “he said. Said.

KLM will resume 95% of routes in 2021 in the recovery of international travel

Source link KLM will resume 95% of routes in 2021 in the recovery of international travel

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