|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||2.8600 - 3.4500|
|52-week range||2.7400 - 5.5600|
|Beta (5Y monthly)||1.94|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||29 Jun 2022|
|1y target est||3.30|
KLM, the Dutch arm of Air France-KLM, said on Thursday it would cancel a small number of existing flights through Amsterdam's Schiphol Airport this summer due to passenger caps. KLM said it would limit the number of tickets it sells due to the caps imposed by the airport, which represent a 16% reduction in the number of passengers that it and other airlines had planned to carry. Passengers whose flights are cancelled are being offered a different flight on the same day, KLM said in a statement.
KLM, the Dutch arm of Air France-KLM, will be the most affected by a cap placed on the number of passengers allowed at Amsterdam's Schiphol Airport this summer, news agency ANP reported, citing the Dutch slot coordinator. KLM will absorb about half of the reductions, ANP reported, citing Airport Coordination Netherlands director Hugo Thomassen in an interview. KLM has said it will hold Schiphol financially responsible for the costs of the reduced schedule.
Hundreds of passengers have reportedly been waiting up to three hours to retrieve their baggage.