Slovenia has granted AOC to VLM Airlines d.d.

SHS Antwerp Aviation hopes to receive Belgian AOC soon

Thursday, May 11, 2017 — Yesterday, the Slovenian Ministry of Infrastructure issued an air operator's license (AOC) to the Slovenian company VLM Airlines d.d., which is 100% owned by the Belgian company SHS Antwerp Aviation NV. The procedure for an AOC for to be delivered by the Belgian Ministry of Mobility to SHS Antwerp Aviation NV is still ongoing.

VLM Airlines will commence operating scheduled flights from Maribor Airport later this year.  Details regarding the number of aircraft to be used, the planned routes and the timetables will be announced at a later stage.

Both SHS Antwerp Aviation and VLM Airlines d.d. want to start joint aviation activities under the common trading name VLM Airlines. To this end, two AOCs were requested, one in Belgium and one in Slovenia.

"SHS Antwerp Aviation, the Belgian parent company of VLM Airlines d.d., has applied for an AOC with the Belgian Ministry of Mobility already in September 2016, but the certificate has unfortunately not yet been granted yet," said Harm Prins, CEO of SHS Aviation Antwerp. He added: "We hope that the fact that a subsidiary of SHS Antwerp Aviation has acquired an AOC in another EU Member State can speed up the process in Belgium.  The delivery of the AOC for the Slovene subsidiary of SHS Aviation Antwerp does not mean that the Belgian AOC has become obsolete. The procedure for the Belgian AOC remains ongoing despite the delivery of the Slovenian AOC, because both AOCs are essential to implement our business plan. We hope to receive the AOC for SHS Antwerp Aviation as soon as possible. Once that is done, we are able to create new jobs in Belgium. "

SHS Antwerp Aviation NV is a subsidiary of SHS Aviation B.V. (Netherlands) and is the successor to VLM Airlines NV, which went bankrupt on June 22, 2016. SHS Aviation B.V. (The Netherlands) is owned for 60% by Dutch investors and for 40% by Canadian investors.