VLM Airlines enters into liquidation; all operations shutdown

posted on 3rd September 2018 by yumna
VLM Airlines enters into liquidation; all operations shutdown

VLM Airlines, the regional airline based in Belgium, has ceased all of its operations and all flights have been cancelled making the airline effectively defunct.

The decision was apparently made during a shareholder’s meeting, with the majority shareholder of the airline, SHS Antwerp Aviation, publishing an official press release after.

The statement read: “SHS Aviation B.V., the majority shareholder of the N.V. SHS Antwerp Aviation (VLM), today decided at an extraordinary general assembly to dissolve the Belgian airline and to liquidate it.

Earlier this month it was announced that VLM would discontinue the connections to Aberdeen, Birmingham, Cologne-Bonn, Maribor, Munich and Rostock and that VLM would henceforth focus on business charter flights and the Antwerp-London City Airport and Antwerp-Zurich routes. Also the scheduled flights from Antwerp to London City and Zurich are now cancelled.

The settlement takes effect immediately. Youri Steverlynck and Birgitta Van Itterbeek (Monard Law) were appointed as liquidators. They are responsible for the contacts with potential buyers”.