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VLM sold to Air France-KLM
Tuesday, 02 Jan, 2008
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VLM, the largest carrier at London City Airport, is being taken over by Air France-KLM.
The deal was announced on Christmas Eve for an undisclosed sum.
VLM has a fleet of 18 Fokker 50 turboprops and a single BAe 146.
It will “actively co-operate” with Air France subsidiary CityJet which also operates from the London docklands airport.
CityJet chief executive Geoffrey O’Byrne-White said: “We see this as a great opportunity to expand and to offer an optimal product to our customers.
“Both networks are highly complementary and the new combined network will link London City with major European business and financial centres.”
by Phil Davies
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