Does KLM make money?

KLM's revenue recovered to 10.7 billion euros in 2022, nearly reaching pre-pandemic revenues. The number of passengers carried by KLM decreased by around two thirds in the first year of the COVID-19 pandemic. In 2020, the airline carried only 11.2 million passengers.



Yes, KLM is a profitable airline in 2026, though it faces tight margins due to rising operational costs and environmental taxes. In its February 2026 financial report, the KLM Group (which includes KLM Cityhopper and Transavia) reported an operating profit of €416 million for the 2025 fiscal year on revenues of over €12 billion. While the parent group, Air France-KLM, saw a record overall profit of over €2 billion, KLM's individual performance has been "stable but challenged" by supply chain issues and high fees at its hub, Amsterdam Schiphol. The airline is currently in the middle of a massive multi-billion-euro fleet renewal—replacing older jets with the Airbus A350 and Boeing 787—to hit an 8% profit margin goal by 2028. Despite geopolitical tensions and high labor costs, KLM remains a "cash cow" for the group, particularly on its lucrative transatlantic and Asian routes, where demand for its "World Business Class" and "Premium Comfort" cabins has reached an all-time high in 2026.

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In 2004 KLM joined SkyTeam, an international airline alliance. The same year, the airline was acquired by Air France to create Air France–KLM, one of the world's largest air carriers.

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KLM Royal Dutch Airlines, legally Koninklijke Luchtvaart Maatschappij N.V. (['ko?n??kl?k? 'l?xtva?rt 'ma?tsx?p?i? ??n've?], lit. 'Royal Aviation Company Plc. '), is the flag carrier of the Netherlands. KLM is headquartered in Amstelveen, with its hub at nearby Amsterdam Airport Schiphol.

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KLM is widely considered to be one of the safest airlines in the world. As of 2021, they have a perfect safety record over the past decade, with no incidents or fatalities reported.

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