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Old 06-03-2002, 11:36 AM   #1
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KLM May Form Pact With Northwest, Continental Via AP

KLM May Form Pact With Northwest, Continental Via AP

Quote:
KLM Royal Dutch Airlines NV extended its codesharing agreement Monday with Continental Airlines Inc. and said the U.S. airline could become part of a three-way Atlantic venture with partner Northwest Airlines Inc.

The move comes as airlines scramble to cooperate, via short-term alliances, in a bid to cut costs and boost revenue in the wake of the Sept. 11 terror attacks on the United States - which saw passenger volumes tumble and forced operators to cut capacity.
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