KLM is putting plans in place to become one of the world’s leading holiday tour operators, reports say.
The Dutch airline is currently in the process of launching a holiday package arm called “KLM Holidays” as the company prepares for tourism’s revival in the coming months as vaccinations continue to unfold.
According to Reuters, Air France-KLM has bought a “significant share” in Airtrade, which specializes in packaged deals and airline ticket consolidation.
Airtrade is known as a leading consolidator in the Benelux Union (Belgium, Netherlands, and Luxembourg).
The financial details of the acquisition are still unknown. However, it is believed the transaction will give KLM’s existing business a boost by offering packaged holidays.
“We want to be among the top three tour operators for flight holidays”, KLM Netherlands director Harm Kreulen told the Telegraaf newspaper.
KLM, notably, already owns Transavia Airlines, and its holiday arm, which already contributes to Dutch holiday traffic.
The expansion with Airtrade suggests that KLM is looking to compete with some of the bigger holiday tour operators in Europe and around the world.
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