VLM Airlines news 2016

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Bluestar
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Re: VLM Airlines news 2016

Post by Bluestar » 09 Sep 2016, 17:35

I am interested to see how VLM will be "taken over" by a Chinese group while still maintaining 51% EU ownership in order to retain EU traffic rights...

Flanker2
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Re: VLM Airlines news 2016

Post by Flanker2 » 09 Sep 2016, 18:00

Well, in principle a EU-based airline requires to have at least 50% EU-based shareholding.
HNA has been buying about everything they could get their hands on so it could be them.
Other than that, the Chinese are buying about everything they can get their hands on. Chinese are also mentionned in the Air Belgium story, and for instance also in Cobalt, Cyprus.
The biggest in recent times is probably the TP deal with HNA.

I have yet to see any of these bought over companies turn a profit.
It's easy to make money in China, Qatar or Abu-Dabi. Not so much in the EU and even less so in the airline business.

I'll give my 2 cents whe the entire business plan is revealed.

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sn26567
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Re: VLM Airlines news 2016

Post by sn26567 » 09 Sep 2016, 18:10

Bluestar wrote:I am interested to see how VLM will be "taken over" by a Chinese group while still maintaining 51% EU ownership in order to retain EU traffic rights...
Welcome to Luchtzak, Bluestar!
André
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FLYAIR10
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Re: VLM Airlines news 2016

Post by FLYAIR10 » 09 Sep 2016, 20:44

That guy spent some time in jail for extortion! Is that the kind of guy who will put VLM back on track? His previous airline experience was a failure, not once but twice: Air Exel and Holland Exel !
Well,I guess in the given circumstances this initiative is probably better than no initiative at all..
It's a pity though the capital and initiative once again has to come from outside Belgium...

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sn26567
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Re: VLM Airlines news 2016

Post by sn26567 » 09 Sep 2016, 22:06

As I understand the story, "VLM Airlines Newco" is the name of the airline being set up by "SHS Antwerp Aviation N.V.", a subsidiary of Dutch company "SHS Aviation B.V." based in Hoofdorp and managed by infamous Harm Prins. But behind SHS Aviation, there is a group of unnamned Chinese investors.

"VLM Airlines Newco" (not sure that the VLM name will be retained in the future) still needs to get an AOC from the Belgian CAA, after which it will start flying with 5 Fokker 50 aircraft and 50 staff from Antwerp to several European capitals and regional business and leisure destinations.

Good luck! You will need it.

I wonder how The Aviation Factory is involved in this deal.
André
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Flanker2
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Re: VLM Airlines news 2016

Post by Flanker2 » 10 Sep 2016, 18:10

5 x F50 and just 50 staff members.
It won't be an intense operation for sure, since a full time daily operation would require at least
(2 flight crew + 1 cabin) x 3 per aircraft, or 45 crew members alone.

If they have to start out from scratch, ie getting an AOC instead of reactivating the VG one, they'll need several millions just to get an AOC, get the fleet, the crew and the network operational again.

Ah the Dutch and the Chinese are forming a team on this one.
Based on what I read about past activities of the main characters, it smells like the curator is being taken for a ride. If aviation factory is involved in this, proceed with caution.

carllegein
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Re: VLM Airlines news 2016

Post by carllegein » 12 Sep 2016, 21:48

thanks for the advice ! carl

saratoga
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Re: VLM Airlines news 2016

Post by saratoga » 21 Sep 2016, 08:18

http://www.gva.be/cnt/dmf20160920_02477 ... licitaties

In a nutshell, shs antwerpaviation already got application letters and end of this month they will probably get the green light to start. In the mean time they are negotiating to get the AOC.

Grts

Passenger
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Re: VLM Airlines news 2016

Post by Passenger » 21 Sep 2016, 08:56

saratoga wrote:http://www.gva.be/cnt/dmf20160920_02477 ... licitaties

In a nutshell, shs antwerpaviation already got application letters and end of this month they will probably get the green light to start. In the mean time they are negotiating to get the AOC.
GVA.be writes that VLM liquidator Jan Loyens says that the payment he recieved is now checked with the CFI Cel Financiële Informatieverwerking (*) because it's an international payment, but he expects that this will be finanlized this month. First staff members will then get a labour contract, to finalize the application for the AOC.

Spokesman for SHS Antwerp Aviation is Yves Panneels - wellcome back!

- - -

(*) CFI = Belgian Financial Intelligence Processing Unit (CTIF-CFI) = The Belgian preventive anti-money laundering and counter-terrorist financing (AML/CFT) system.

SLM
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Re: VLM Airlines news 2016

Post by SLM » 29 Sep 2016, 15:51

Already news of VLM? Thanks.

carllegein
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Re: VLM Airlines news 2016

Post by carllegein » 01 Oct 2016, 15:29

Max 2 weeks and we will have news!

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sn26567
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Re: VLM Airlines news 2016

Post by sn26567 » 01 Oct 2016, 23:08

carllegein wrote:Max 2 weeks and we will have news!
Great! That seems to indicate that the news will be good...
André
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Boavida
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Re: VLM Airlines news 2016

Post by Boavida » 14 Oct 2016, 11:15

According to this (http://trends.knack.be/economie/bedrijv ... 64299.html) (Dutch) article, the 'new' VLM wants to fly to... China.

They want to use OST as a hub. Maybe time for OST to build a new terminal? I don't think you'll find an uglier "terminal" in the whole of Europe! Looks like an airport in the Soviet Union...

Image

ostair
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Re: VLM Airlines news 2016

Post by ostair » 15 Oct 2016, 00:00

Boavida wrote:According to this (http://trends.knack.be/economie/bedrijv ... 64299.html) (Dutch) article, the 'new' VLM wants to fly to... China.

They want to use OST as a hub. Maybe time for OST to build a new terminal? I don't think you'll find an uglier "terminal" in the whole of Europe! Looks like an airport in the Soviet Union...

Image
Are they talking about the Chinese traffic that Liege used to receive?
As for VLM and Ostend as a hub.
First see and then believe.

If true then this would be great for EBOS.

JOVAN
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Re: VLM Airlines news 2016

Post by JOVAN » 15 Oct 2016, 06:12

For sure China is a giant market.
China is a stable country. Things are only getting better.
Every middle class Chinese is crazy about Europe.
Chinese are now big spenders and well behaving tourists.

More destinations from BRU and (cheap) charters to Ostend and Liege are certainly possible.

Belgium has te best location in Europe and plenty of capacity to receive the planes and the tourists.
From Belgium it is so easy to visit other countries .

The potential is there.

saratoga
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Re: VLM Airlines news 2016

Post by saratoga » 15 Oct 2016, 08:00

So, if i undestand well, no longer a Antwerp base for VLM. Perhaps no longer routes from ebaw either.

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sn26567
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Re: VLM Airlines news 2016

Post by sn26567 » 15 Oct 2016, 10:13

To China with an F50? :)
André
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AAI
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Re: VLM Airlines news 2016

Post by AAI » 15 Oct 2016, 10:38

the ANR LCY
from time to time an AF charter
and the new connection ANR MBX

saratoga
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Re: VLM Airlines news 2016

Post by saratoga » 15 Oct 2016, 11:22

MBX, LJMB??? Is there a demand for that??

With that F50??? :o

jan_olieslagers
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Re: VLM Airlines news 2016

Post by jan_olieslagers » 15 Oct 2016, 11:26

@saratoga: thanks for adding the ICAO code, much more readable (for me, at least). And I totally share your skepticism.

@AAI: ANR-LCY hasn't been a proper VLM destination for several years now. As I said before, the sale to AF was the beginning of the end. (BTW AF=Air France).

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