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Travel industry news

03 Sep 2018

BY Gary Noakes


VLM airline goes into liquidation

Belgian airline VLM has cancelled flights from London City to Antwerp after it was placed into liquidation.


Belgian airline ceases all operations

The airline’s majority shareholder, SHS Aviation, voted on Friday to dissolve the carrier.


Earlier this month it was announced that VLM would discontinue routes to Aberdeen, Birmingham, Cologne-Bonn, Maribor, Munich and Rostock and that it would instead focus on business charter flights and the Antwerp-London City and Antwerp-Zurich routes.


VLM employs 85 people. Its parent company, which is 60% owned by Dutch investors, attracted a cash injection from China in return for a 40% stake after it previously filed for bankruptcy in 2016.


A message on VLM’s website says that liquidators have been appointed. It adds: “They are responsible for the contacts with potential buyers.”

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