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September 2022, Virtual
September 29 2022, Virtual
Niche carrier VLM reported its eighth year of consecutive profit when it declared a post-tax surplus of €1.35m for 2005, a 43% rise on profits for 2004.
Operating profits for the year were up 42% to €2.5m while revenue increased by €12.9m to €885m.
VLM, whose hub is at London City Airport and whose destinations include Amsterdam and Brussels, said passengers rose by 12% to 625,300. Numbers had now risen every year since the airline started in 1993.
Jaap Rosen Jacobson, VLM's chairman said: "These are positive results, but we are eager to achieve more.
"We plan to deliver more frequencies, more routes, more service and more innovation. This year, we will continue to invest in the wide range of products and services for our passengers."
Hotelzon signs deal with i:FAO
Hotel booking agency Hotelzon has signed an agreement with i:FAO, a provider of business travel e-procurement software, to integrate its hotel inventory with the latter's booking and business travel management tool Cytric.Under the deal, corporate clients will be able to gain access to Hotelzon's hotel inventory via the Cytric self booking tool.The new function will be available this month.
SN and Virgin Express to merge
SN Brussels Airlines and Virgin Express, both owned by SN Airholding, are to merge next year.The new airline will have a new name, to be announced later, and offer "two distinct products."One will be a basic product for "price sensitive" passengers and the other an upgraded product for "more time sensitive-customers" who want greater convenience and flexibility.A statement by SN Airholding which took the two airlines into ownership last April, said the new carrier would keep Brussels Zaventum Airport as its hub but place "greater emphasis" on other major European cities.On log haul, it planned to extend its routes to include other continents than Africa.The ceo of the new carrier will be Neil Burrows, currently in charge of both SN Brussels and Virgin Express. * SN Airholding said that in 2005 it made a net profit of €12m on an income of €946m.