Amsterdam questions Schiphol’s €10 billion expansion plan, KLM backs investments

KLM on Friday called Schiphol Airport’s newly announced 10 billion euros investment plan “essential” for maintaining passenger service, but warned that rising costs could become a concern for airlines and travelers.

The City of Amsterdam, which owns a 20 percent stake in Schiphol, expressed concern that the investment plans appear focused on airport growth, which conflicts with its vision of limiting flights.

Aviation Alderman Hester van Buren said, “In this program we clearly see points that indicate the facilitation of future growth at Schiphol. This does not align with the vision we have for Schiphol. Amsterdam stands for a more compact airport, in all respects.”

Schiphol said it will invest the funds through 2035 to renovate and modernize its piers, build a new terminal, and advance sustainability measures. KLM said the investments demonstrate Schiphol’s “responsibility to restore and strengthen its international position as a leading airport.”

Most of the investment will be financed through airport fees, which have already risen sharply in recent years. KLM emphasized that lowering costs for airlines and passengers is key to keeping Schiphol attractive.

Van Buren added, “The balance is now lost. We advocate for a maximum of 400,000 flights per year and a nighttime closure. That is why we will continue to oppose any proposals that allow growth, including in shareholder meetings.”

Amsterdam did note some positive aspects of the plan, including funding to improve working conditions and support cleaner aviation. Schiphol said it still needs to discuss the investment plan with all shareholders. The Dutch state holds the largest stake, nearly 70 percent.