Belgian regional VLM Airlines has filed a formal application asking for creditor protection for six months to avoid bankruptcy, a source close to the situation confirmed to ATW following media reports in the Belgium and the Netherlands. A hearing will be held May 25. VLM could not be reached by ATW for comment. Several media outlets have reported that VLM said in a press release that “the judicial reorganization [will give] the necessary breathing space to primarily repay historical ...

Subscribe to Access this Entire Article

"Reports: VLM Airlines files for creditor protection" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.