VLM Airlines Files For Bankruptcy | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.13.24

Airborne-NextGen-05.07.24

Airborne-Unlimited-05.08.24 Airborne-FlightTraining-05.09.24

Airborne-Unlimited-05.10.24

Fri, Jun 24, 2016

VLM Airlines Files For Bankruptcy

All Flight Cancelled Immediately

VLM Airlines based in Antwerp, Belgium has filed for bankruptcy after posting a loss of nearly $15 million.

A statement posted on the regional carrier's website told the story. ""We are sorry to have to inform you that VLM Airlines NV has filed for bankruptcy on Wednesday June 22 2016. All flights are cancelled with immediate effect," the statement said.

Buying Business Travel reports that the airline began service in 1993 with an Antwerp-London City Airport route. It was sold to Air France-KLM in 2008 through Cityjet, and its planes were re-liveried in Cityjet colors and carried more than a million passengers a year, operating 500 flights from London City Airport.

VLM became part of INTRO Group in 2014, and was sold again later that year to the management of VLM Airlines.

FMI: http://ec.europa.eu/civiljustice/bankruptcy/bankruptcy_bel_en.htm

Advertisement

More News

Sierra Space Repositions Dream Chaser for First Mission

With Testing Soon Complete, Launch Preparations Begin in Earnest Sierra Space's Dream Chaser has been put through the wringer at NASA's Glenn Armstrong Test Facility in Ohio, but w>[...]

ANN's Daily Aero-Term (05.10.24): Takeoff Roll

Takeoff Roll The process whereby an aircraft is aligned with the runway centerline and the aircraft is moving with the intent to take off. For helicopters, this pertains to the act>[...]

Aero-News: Quote of the Day (05.10.24)

“We’re proud of the hard work that went into receiving this validation, and it will be a welcome relief to our customers in the European Union. We couldn’t be mor>[...]

Aero-News: Quote of the Day (05.11.24)

"Aircraft Spruce is pleased to announce the acquisition of the parts distribution operations of Wag-Aero. Wag-Aero was founded in the 1960’s by Dick and Bobbie Wagner in the >[...]

ANN's Daily Aero-Term (05.11.24): IDENT Feature

IDENT Feature The special feature in the Air Traffic Control Radar Beacon System (ATCRBS) equipment. It is used to immediately distinguish one displayed beacon target from other be>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC