Belgian regional VLM Airlines has confirmed it has filed for bankruptcy. “All flights are canceled with immediate effect,” VLM said in a statement June 22. The carrier had filed a formal application in May asking for creditor protection for six months to avoid bankruptcy. However, the company said it did not have enough time in those six months to compensate for the number of pilots who left the carrier and bring in additional financial resources. Also, a planned sale-leaseback ...

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