Amsterdam's bleak outlook for 2009

Schiphol Group reported its financial and traffic highlights for the 12 months ended 31-Dec-08. They reveal a hefty reduction in both operating and net profit as passenger numbers slid by 0.8% at Amsterdam Schiphol Airport, Europe's fifth largest and home to KLM. CEO, Jos Nijhuis, pronounced himself 'satisfied' with the result, although prospects for 2009 remained bleak with an anticipated reduction in passengers of up to 10% over the year. Schiphol Group will renew its focus on enhancing its Airport City.

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