Manufacturing Industry
KLM set to increase ticket prices
Airline Industry Information, August 11, 2004
AIRLINE INDUSTRY INFORMATION-(C)1997-2004 M2 COMMUNICATIONS LTD
KLM, the Dutch airline which operates in alliance with Air France, has raised ticket prices by 1-3% after a rise in passenger loads and bookings.
The price rise will come into effect on 17 August 2004 and according to a spokesperson the increase is not the result of rising oil prices.
Other airlines will probably welcome the news after the intense competition of the last few years has seen fares and profits fall in the face of intense competition and rising costs, reports Reuters.
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COPYRIGHT 2004 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning
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