VLM Airlines (SHS Antwerp Aviation) has ceased operations (Bankruptcy)
The Belgian carrier - VLM Airlines - has ceased operations and will be liquidated. Confirmed parent company SHS Aviation.
The debut of this month came with the bankruptcy of the airline VLM Airlines - SHS Antwerp Aviation based in Antwerp. According to parent company - SHS Aviation, VLM Airlines has ceased operations and will be liquidated.
The decision comes less than a month after it was announced that VLM Airlines will cut off connections with Aberdeen, Birmingham, Cologne-Bonn, Maribor, Munich and Rostock. At the same time, the new routes announced from Antwerp and Ostend-Bruges to Manchester have been canceled.
Bankruptcy of VLM Airlines (SHS Antwerp Aviation)
VLM Airlines was resurrected by SHS Antwerp Aviation, part of the Dutch investment group SHS Aviation, after announcing its bankruptcy on 2016. At 30 October 2017, the Belgian carrier also resumed flights on the London City - Antwerp route.
Antwerp airport officials regret the failure of VLM Airlines and the fact that several major routes will no longer be honored. But they announced that they have already contacted other airlines.
Bankruptcy of VLM Airlines will certainly affect passenger traffic at Antwerp airport. VLM Airlines was responsible for 45% of passenger traffic, but represented only 17% of the turnover of the Belgian airport.
We mention that VLM Airlines (SHS Antwerp Aviation) is a completely different company from VLM Airlines NS, which is based in Brussels. We also mention that VLM Airlines NS owns a fleet of Airbus A320 aircraft, while VLM Airlines (SHS Antwerp Aviation) operates with 6 Fokker 50 aircraft.