KLM Group figures for Q4 and 2021


In line with the 3rd quarter, KLM Royal Dutch Airways succeeded in closing the fourth quarter of 2021 at a financial gain. Operational revenue amounted to 127 million. This exhibits that recovery is persisting, despite worldwide constraints that go on to hamper journey. For the 12 months 2021 as a entire, KLM has documented a loss of 227 million, representing a sizeable advancement in comparison with the figures for 2020 when KLM experienced a loss of 1,154 million.


Fourth-quarter revenues in 2021 amounted to 2,038 million in contrast to 1,136 million in the identical quarter of 2020. Revenues for the year as a total rose to 6,065 million in comparison to 5,120 million in 2020. Of the 3.4 billion financial loan deal, almost nothing was drawn in 2021. Therefore, up until finally now a total of 942 million was drawn.


The 12 months 2021 consisted of two unique pieces. The initially fifty percent of the yr was sharply detrimental with travel restrictions, a lockdown, the double take a look at prerequisite et cetera, ensuing in 522 million functioning reduction. In contrast, the second 50 percent of the 12 months was just one of recovery and showed a good functioning outcome in the 3rd and fourth quarters of 295 million. Yet again this year, the KLM outcome was supported by a considerable NOW contribution, for which KLM is quite grateful to the Dutch authorities.


Beneficial booking development


KLM welcomed a full of 5.2 million travellers on board in the fourth quarter of 2021. KLM and Transavia showed a constructive booking craze for the two the autumn and Xmas getaway intervals. Also, extra business travellers primarily from the little and medium-sized business enterprise neighborhood took to the skies all over again in the fourth quarter. At the identical time, uncertainties prevailed about the quickly changing entry necessities, which include the distinct booster specifications coupled with supplementary tests and quarantine obligations for vaccinated travellers. Meanwhile, numerous countries are easing limitations and obligatory testing. This is supporting the further more recovery. At the exact time, there are nevertheless nations the place strict vacation limitations implement, this sort of as in Asia.


Cargo contributed appreciably to additional favourable effects above the previous 12 months. Cargo revenues rose by 29% in 2021. Engineering & Upkeep also managed to increase operational profits in spite of slipping revenues as a end result of a decrease in demand for third-get together servicing.


These figures mirror KLMs resilience. Immediately after weathering near to two several years of disaster, the signs of restoration that emerged in the 3rd quarter of 2021 have persisted thanks to the loyalty of our prospects and the great endeavours of our KLM colleagues. This gives strength for the lengthy highway to total recovery that however lies ahead. Im self-assured we will triumph in doing just that.


KLM President & CEO Pieter Elbers
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