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Koninklijke Luchtvaart Maatschappij N.V.

 
Hoover's Profile: Koninklijke Luchtvaart Maatschappij N.V.
Contact Information
Koninklijke Luchtvaart Maatschappij N.V.
Amsterdamseweg 55
1182 GP Amstelveen, The Netherlands
Tel. +31-20-649-2116
Fax +31-20-648-8091

Type: Subsidiary
On the web: http://www.klm.nl
Employees: 30,774
Employee growth: 2.0%

The legendary Flying Dutchman sails on alone, but Koninklijke Luchtvaart Maatschappij (also known as KLM Royal Dutch Airlines) is part of Air France-KLM, Europe's largest airline company. KLM and Air France operate from their own hubs in Amsterdam and Paris as independent carriers, but also coordinate their businesses. KLM flies to 250 destinations and operates about 200 planes, including about 55 used for its KLM Cityhopper charter operations. Its two other Netherlands-based subsidiaries, Transavia and Martinair, offer budget charter and scheduled flights. KLM and Air France are as members of the SkyTeam alliance, which also includes carriers such as Delta, Alitalia, and Korean Air Lines.

Key numbers for fiscal year ending March, 2007:
Sales: $10,264.5M
One year growth: 18.0%
Net income: $688.0M
Income growth: 106.4%

Officers:
Chairman, Supervisory Board: Kornelis J. (Kees) Storm
President and CEO: Peter F. Hartman
Managing Director and Member, Board of Management: Jan Ernst C. de Groot

Competitors:
AMR Corp.
British Airways
Lufthansa

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