Tag: liquidation

Belgian Carrier VLM Airlines Goes into Liquidation

SHS Aviation, the majority shareholder of VLM Airlines , decided at an extraordinary general assembly to dissolve the Belgian airline and to liquidate it. Earlier this month it was announced that VLM would discontinue the connections to Aberdeen, Birmingham, Cologne-Bonn, Maribor, Munich and Rostock and that VLM would henceforth focus on business charter flights and […]

Etihad Airways Could Deepen Alitalia Stake

Italy’s Alitalia has received around 10 non-binding offers for total or partial take-over, including from UAE national carrier Etihad Airways and budget airline Ryanair. The deadline for the loss-making company to receive non-binding offers was 6:00 pm local time (1600 GMT). Alitalia, which has struggled to compete with low-cost rivals including Ryanair, went into administration […]