Last Updated on
Belgian airline VLM (VO/WLM) has ceased operations with immediate effect following a decision by shareholders today.
The decision to liquidate the company was taken at an extraordinary general assembly by majority shareholder SHS Aviation B.V.
VLM recently announced that they would be discontinuing scheduled flights to most of its destinations, including its Aberdeen and Birmingham routes, in order to focus on charter operations but that has failed to save the airline.
VLM previously ceased operations in 2016 before it was revived with the current shareholders in October 2017.
The airline also flew to London City from its Antwerp base.
In a statement the airline said: “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.”
VLM has a fleet of 5 Fokker F50 aircraft.