USD 63.8487

0

EUR 70.5975

0

BRENT 64.63

0

AI-92 42.32

-0.06

AI-95 45.99

-0.12

AI-98 51.63

-0.23

Diesel 46.05

-0.11

15

KLM To Expand Buzz Stanstead Operation

KLM Royal Dutch Airlines has said that its low cost unit Buzz will take...

KLM Royal Dutch Airlines has said that its low cost unit Buzz will take over KLM's Amsterdam to London Stansted route as Europe's fourth largest carrier tries to stop the loss of passengers to no frills rivals such as EasyJet.

Buzz will operate five daily flights from Amsterdam to Stansted as of October 27th with single fares from 21 pounds ($32), including taxes. KLM will use the freed-up aircraft capacity to increase flights to Amsterdam from London City and the regional airports of Newcastle, Manchester and Teeside.

?London Stansted is clearly now a low cost airline base so it makes sense for Buzz to expand its network from that base,? KLM said in an e-mailed statement.

KLM yesterday said it will cut European fares by as much as forty percent for its 66 European destinations as the carrier tries to stop the loss of leisure travelers to no frills rivals. KLM will combine its two low cost operations Basiq Air, the low-cost arm of Transavia, and Buzz, to stave off low-cost competition.

Author: Neftegaz.ru