VLM Airlines (Brussels, ex-Thomas Cook) news 2018

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tangolima
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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by tangolima » 04 May 2018, 10:06

Hello

Quoted from the article (sorry only in Dutch) ''Het toestel voerde al vluchten uit voor maatschappijen als Brussels Airlines, Lufthansa en Air France'' WHERE?? WHEN?? Brussels OK but Lufthansa, Air France?

Btw It would be bad for a charter airline (since these A320's do only ACMI and charter work according to my info) to not survive the summer but it is the winter period that is the hardest...

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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by jan_olieslagers » 04 May 2018, 10:26

... which they seem to have realised, whence the idea of flying long distance with an A330 in the upcoming winter. It is going to be busy at Chinese airports ;)

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KriVa
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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by KriVa » 04 May 2018, 11:52

It certainly did fly an Air France flight, the flight number was AFR380 if I'm not misremembering. Although FR may have picked it up as a "HQ" flight, I'm 100% sure the callsign was AFRxxx.
Thomas

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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by Sabena youngster » 04 May 2018, 13:02

i'm confused, harm prins was fired by vlm, and since VLM brussels costs to much cash is was sold and harm prince bought it, or am I wrong?

VLM airlines Brussels has nothing to do with VLM Antwerp?

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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by KriVa » 04 May 2018, 13:11

I'm not quite sure about the sequence of events, I'm quite sure somebody else will be able to fill that in.
However, as far as I know, that last part is indeed correct: VLM Antwerp (SHS Aviation, I think) has nothing to do anymore with VLM Brussels.
Thomas

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sn26567
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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by sn26567 » 04 May 2018, 16:55

KriVa wrote:
04 May 2018, 13:11
However, as far as I know, that last part is indeed correct: VLM Antwerp (SHS Aviation, I think) has nothing to do anymore with VLM Brussels.
Indeed. That's why VLM Brussels intends to change names.
André
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KriVa
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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by KriVa » 04 May 2018, 17:53

OOTCT flew as AFR380 from BRU on 17/04/18.
Thomas

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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by tangolima » 05 May 2018, 00:11

KriVa wrote:
04 May 2018, 17:53
OOTCT flew as AFR380 from BRU on 17/04/18.
Hello

Thank you! And for Lufthansa? Always good to keep statistics.

Greetings,

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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by KriVa » 05 May 2018, 08:30

I checked yesterday, couldn’t find any positioning flights from or to BRU with a Lufthansa callsign. I’ll see if I can come up with another creative way to find out whether they flew for DLH :-)
Thomas

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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by DAT2527 » 05 May 2018, 11:41

Didn't fly for LHT.
Currently operating flights out of HAJ for Condor.

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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by sn26567 » 05 May 2018, 15:42

tangolima wrote:
04 May 2018, 10:06
Quoted from the article (sorry only in Dutch) ''Het toestel voerde al vluchten uit voor maatschappijen als Brussels Airlines, Lufthansa en Air France'' WHERE?? WHEN?? Brussels OK but Lufthansa, Air France?
The newspaper probably confused Lufthansa and Germania. OOTCT operated many flights for Germania, as well as for SN, AF, JAF, Vueling, Condor and Transavia France.
André
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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by sn26567 » 14 Jun 2018, 14:47

The capital has been increased. So what? That doesn't tell anything about the plans of the company...
André
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Passenger
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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by Passenger » 14 Jun 2018, 14:56

sn26567 wrote:
14 Jun 2018, 14:47
The capital has been increased. So what? That doesn't tell anything about the plans of the company...
The capital has been increased indeed, but banks don't like that kind of stuff. The "capital input" is not in cash, but a claim on a Dutch company, owned by another Dutch company.

(edit: only relevant remark if they need some kind of support from the bank of course)

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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by convair » 14 Jun 2018, 23:34

Passenger wrote:
14 Jun 2018, 14:56
sn26567 wrote:
14 Jun 2018, 14:47
The capital has been increased. So what? That doesn't tell anything about the plans of the company...
The capital has been increased indeed, but banks don't like that kind of stuff. The "capital input" is not in cash, but a claim on a Dutch company, owned by another Dutch company.

(edit: only relevant remark if they need some kind of support from the bank of course)
If I understand correctly, VLM is a Belgian company with its seat in Machelen.

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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by sn26567 » 14 Jun 2018, 23:46

convair wrote:
14 Jun 2018, 23:34
If I understand correctly, VLM is a Belgian company with its seat in Machelen.
Indeed, but the majority of the shares is in the hands of SF Aviation Holding B.V. in Amsterdam, a Director of which is (was?) ... Harm Jan Prins! Rings a bell?

SF Aviation Holding itself is a daughter of SoftFlight B.V., which has at the same address 4 subsidiaries active in the domain of aviation. Ah, those fiscal constructions to evade taxes...
André
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DAT2527
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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by DAT2527 » 15 Jun 2018, 08:49

Softflight is a dutch company specialized in flight simulators, having a 'company' for each sim.
Which actually makes sense...

The injection is good news for VLM Brussels, suspect new aircraft will be arriving soon...

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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by TLspotting » 15 Jun 2018, 10:01

convair wrote:
14 Jun 2018, 23:34

If I understand correctly, VLM is a Belgian company with its seat in Machelen.
Yes, VLM Airlines NV, seated at Building 45 of Brussels Airport, ex-TCAB :

https://trendstop.knack.be/nl/detail/47 ... lines.aspx
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Passenger
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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by Passenger » 15 Jun 2018, 11:43

Would be great if someone with accountancy experience can explain some of these figures:
http://cri.nbb.be/bc9/web/catalog?lang= ... 0476635729

(if the link fails, just search again on 0476635729)

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sn26567
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Re: VLM Airlines Brussels (ex-Thomas Cook) news 2018

Post by sn26567 » 15 Jun 2018, 12:21

Passenger wrote:
15 Jun 2018, 11:43
Would be great if someone with accountancy experience can explain some of these figures:
http://cri.nbb.be/bc9/web/catalog?lang= ... 0476635729
Except the very last one, these are the annual reports of Thomas Cook Airlines Belgium.

The last one is another story: the transition period from TCAB to VLM, and thus difficult to analyse. It is before the huge capital increase mentioned above.

Some of the former TCAB directors are still in place until early-2017, and the new ones from SF Aviation Mangement BV already there (including the omnipresent Harm Prins and a Chinese from Maribor!).

The balance has a considerable reduction (due to the lack of aircraft and activity?) and shows a net loss of 7M€ (what a surprise!). The capital has also been considerably reduced and is still in the hands of Thomas Cook UK at the end of the period (it is before the capital increase by SF Aviation Management BV).

Oh yes: the company has one A320 and intends to lease a second one for the summer 2018 season. It also intends to lease two A330s for flights to Asia before end-2018...
André
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