KLM says 1,500 new layoffs to bring total job cuts to 20%

AMSTERDAM: KLM, the Dutch arm of Air France-KLM, said on Friday it would cut 1,500 additional jobs as part of a restructuring in which it needs to cut emissions by 50% by 2030 as well as prepare for recovering traffic after the coronavirus crisis.

Parent company Air France-KLM on Thursday reported a 1.55 billion euro ($1.8 billion) operating loss for the second quarter, with traffic down 95% from a year earlier.