February 26, 2020 / 11:22 AM / in a month

KLM airlines to make budget cuts due to coronavirus - ANP news agency

AMSTERDAM, Feb 26 (Reuters) - KLM, the Dutch arm of Air France KLM, said on Wednesday it will make budget cuts in response to the coronavirus outbreak, news agency ANP reported.

The cuts will impact non-critical investments such as new IT and real estate projects and advertising, ANP said, citing an internal letter to management. (Reporting by Anthony Deutsch and Bart Meijer, editing by Louise Heavens)

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