KLM to cut fares on European routes

Airline Industry Information, Dec 29, 2004

AIRLINE INDUSTRY INFORMATION-(C)1997-2004 M2 COMMUNICATIONS LTD

KLM Royal Dutch Airlines has said that it intends to cut the prices of all European flights in January 2005.

The fares will reportedly be cut by up to 40% in response to competition and a reduction of the average pricing level on air fares. The airline said that as an example, a return between London, UK and Amsterdam, the Netherlands, will fall from EUR106 to EUR69.

KLM is a unit of Air France-KLM SA, the Associated Press said.

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