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KLM ANNOUNCES NEW CAPACITY CUTS

AMSTERDAM, "We will announce more capacity cuts tomorrow", said Klm chief executive Leo van Wijk this morning, adding that the airline will unveil "a complete package" of measures tomorrow. "The clear drop in demand of the order of magnitude we are seeing now has nothing to do with just the economic slowdown but is caused by the fear of flying", explained Van Wijk.

AVIONEWS - World Aeronautical Press Agency - 18156

AVIONEWS - World Aeronautical Press Agency
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