(IN SHORT) Air France-KLM’s Board of Directors has approved the nomination of Marjan Rintel for a second four-year term as President and CEO of KLM Royal Dutch Airlines following a recommendation from KLM’s Supervisory Board and Group CEO Benjamin Smith, with the Works Council now being consulted ahead of a final decision at the shareholders’… Read the full news article
Tag Archives: financial performance
ACI World Report Shows 11.4% Revenue Shortfall Despite Passenger Traffic Nearly Returning to Pre-Pandemic Levels
(IN SHORT) ACI World’s latest report highlights a continued disparity between the recovery of passenger traffic and total airport revenues. While passenger traffic nearly reached pre-pandemic levels in 2023, airport revenues still lagged by 11.4%. The report shows that while total airport revenues increased by 21.4% to US$146 billion in 2023, they remain below 2019… Read the full news article

