History
VLM Airlines started operations in May 1993 with a scheduled service between Antwerp Airport and London City Airport. The airline now employs over 400 people, and carried 745,781 passengers in 2007. Its original hub was Antwerp, but the airline now has its base at London City Airport.
In 2008 the airline reported its tenth consecutive year of profits for the year ending 31 December 2007, it had a net profit of 3.6m euros. Turnover grew to 112m euros and passenger numbers rose 9% to 745,781 during 2007.
On 24 December 2007, Air France-KLM announced that they had signed an agreement for a full takeover of the company from Panta Holdings.
Air France-KLM announced on 28 May 2009 that VLM Airlines would gradually start to operate under the brand name CityJet. The name CityJet was already in use by the Irish regional partner of Air France-KLM. In 2010 the name VLM Airlines had been replaced altogether by CityJet. As a result, VLM Airlines replaced its frequent flyer program, VLM Encore, with Air France-KLM's Flying Blue and flyvlm.com was merged with the CityJet website.
Read more about this topic: VLM Airlines
Famous quotes containing the word history:
“History is more or less bunk. Its tradition. We dont want tradition. We want to live in the present and the only history that is worth a tinkers damn is the history we make today.”
—Henry Ford (18631947)
“Look through the whole history of countries professing the Romish religion, and you will uniformly find the leaven of this besetting and accursed principle of actionthat the end will sanction any means.”
—Samuel Taylor Coleridge (17721834)
“Throughout the history of commercial life nobody has ever quite liked the commission man. His function is too vague, his presence always seems one too many, his profit looks too easy, and even when you admit that he has a necessary function, you feel that this function is, as it were, a personification of something that in an ethical society would not need to exist. If people could deal with one another honestly, they would not need agents.”
—Raymond Chandler (18881959)