12 December 2022, etc.venues Monument, London
Business Travel Show Europe, presented by The BTN
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European regional carrier VLM Airlines has confirmed it has filed for bankruptcy with all flights cancelled with immediate effect.
The decision follows an application made by the airline to a court for bankruptcy protection.
The Antwerp-based airline made a loss of €13 million last year.
"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 Belgian regional carrier says in a statement posted on its website.
The airline commenced services in 1993 with its inaugural Antwerp – London City Airport route. In 2008 it was sold to Air France – KLM via Cityjet and VLM’s fleet was re-liveried in Cityjet colours. By 2010 the combined airline was carrying over 1 million passengers a year and operating 500 flights a week from London City Airport.
In 2014, it became part of the INTRO Group, and in November 2014, it was sold by the INTRO Group to the management of VLM Airlines.
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