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The four-engine turboprop Vickers Viscount 800 was introduced on European routes in 1957. Beginning in September 1959, KLM introduced the four-engine turboprop Lockheed L-188 Electra onto some of its European and Middle Eastern routes. In March 1960, the airline introduced the first Douglas DC-8 jet into its fleet. In 1961, KLM reported its first year of losses. In 1961, the airline's president Fons Aler was succeeded by Ernst van der Beugel. This change of leadership, however, did not lead to a reversion of KLM's financial difficulties. Van der Beugel resigned as president in 1963 due to health reasons. Horatius Albarda was appointed to succeed Ernst van der Beugel as president of KLM in 1963. Alberda initiated a reorganization of the company, which led to the reduction of staff and air services. In 1965, Alberda died in an air crash and was succeeded as president by Dr. Gerrit van der Wal. Van der Wal forged an agreement with the Dutch government that KLM would be once again run as a private company. By 1966, the stake of the Dutch government in KLM was reduced to a minority stake of 49. 5%. In 1966, KLM introduced the Douglas DC-9 on European and Middle East routes.
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