Wednesday, June 19, 2024 Air France -KLM’s impact study reveals a €70B+ economic boost, supporting 820K+ jobs in France and the Netherlands. During its 20th-anniversary celebrations, the Air France-KLM Group disclosed findings from a comprehensive impact study that measured the economic and social advantages stemming from its operations in France and the Netherlands. Conducted by Herbert Castéran, a respected professor at the Institut Mines Télécom Business School, the research evaluated the contributions of Air France-KLM’s key sectors: passenger transport, cargo services, and aircraft maintenance.
Significant Contributions to National Economies The study revealed that in the fiscal year 2023, although Air France-KLM recorded a net income of 0.9 billion euros, its broader economic influence was far more substantial, contributing 48.9 billion euros to France and 21.
9 billion euros to the Netherlands. This translates to an annual benefit of 723 euros per resident in France and 1,228 euros per resident in the Netherlands. For every euro spent by Air France-KLM, 3.
6 euros are generated within the French economy and 3.4 euros within the Dutch economy, underscoring the group’s significant economic ripple effect through direct investments, job creation, and local spending. Catalyst for Job Creation in France and the Netherlands The Air France-KLM Group also significantly boosts employment, hiring 4,000 and 5,000 new staff in 2022 and 2023, respectively, including pilo.
