KLM CE sees healthy demand in next few months

KLM is seeing healthy demand over the next few months, the key summer period for European carriers, its CE said, and a recent fleet renewal programme will help it combat higher oil prices. "Looking at where we are in terms of loads and traffic, we see healthy demand in Europe and on long haul," Pieter Elbers said Sunday. He declined to comment on yields for summer bookings. An updated industry profit forecast to be issued Monday by IATA will be lower as the cost of oil, infrastructure and labour rises, the association said earlier this week. Elbers said a fleet renewal programme will help the carrier with new Boeing 787 Dreamliners coming in, 747 jumbo jets being phased out and its ageing fleet of Fokkers being replaced by new Embraer jets. The airline has no plans to change its jet fuel hedging policy. <br/>
Reuters
https://www.nytimes.com/reuters/2018/06/02/business/02reuters-airlines-iata-klm-ceo.html
6/2/18